You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Commercial real estate

404 Main Ave Wheeler, WI 54772

1,980 SF 0.14 ac lot Built 1938
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 1,980 square foot commercial building located at 404 Main Avenue in Wheeler, Wisconsin. The property boasts a rich history, having served as a post office for over 40 years, with a current lease in place until 2028, generating a monthly income of $625. The lease includes options to extend the agreement until 2038, providing long-term financial stability. Adding to the income stream is a charming one-bedroom, one-bathroom apartment situated at the rear of the building, currently rented for $350 per month. Recent improvements include the installation of new concrete steps and sidewalks, enhancing curb appeal and accessibility. The apartment features convenient rear parking. This unique property sits on a 0.14-acre lot and is offered at $150,000, presenting a compelling blend of historical significance, consistent rental income, and future growth potential. The combination of a long-term, stable post office lease and a separately rented apartment makes this a truly attractive investment opportunity in the heart of downtown Wheeler. Don't miss this chance to acquire a piece of Wheeler's history and secure a promising financial future.

Property profile
Verified
Property type Commercial real estate
Year built 1938
Total area 1,980 SF
Lot 0.14 ac (6,098 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 404 Main Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message