1021 Main St Merrill, WI 54452
- Commercial real estate
- 22,016 SF
Current Use by Public Records
- Merrill Hometown Pharmacy / Pharmacy
Property Details for 1021 Main St
- Year built
- 1900
- Property size
- 22,016 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 1021 & 1023 E MAIN STREET in Merrill, WI, offers 22,016 square feet of versatile space. The building boasts a prime downtown location, with the upper level facing the main street and featuring attractive display windows ideal for retail businesses. The lower level, currently used for retail, offers significant flexibility and could easily accommodate a variety of uses, including office space or a cafe, given its previous history. The lower level also benefits from convenient access to a large city-owned and maintained parking lot. The building is exceptionally well-maintained. The current tenant, Johnsons of Merrill, L.L.C., occupying the upper floor, is open to a two-year lease agreement with a potential buyer, providing immediate income potential. The sale includes the building itself, with the option to purchase existing inventory and fixtures. This presents a unique opportunity for an investor or entrepreneur seeking a high-visibility location with substantial space and diverse possibilities. The asking price is $274,900. This property is ready for your vision.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merrill
- County
- LINCOLN
- State
- Wisconsin
- Longitude
- -89.6847
- Latitude
- 45.1803