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Property profile & analytics
OFF-MARKET
Commercial real estate

807 Center Ave Merrill, WI 54452

5,400 SF Built 1980
Property ID
Property summary
AI-generated overview

This exceptional commercial property portfolio in Merrill, Wisconsin offers a unique investment opportunity. Comprising three separate buildings totaling 24,200 square feet, this versatile complex presents significant potential for a variety of uses. The main building, located at 807 S Center Avenue, boasts 5,400 square feet of space and is priced at $151,000. Its convenient location offers easy access to Highway 51, providing seamless connectivity to Interstate 39, ensuring excellent transportation links for distribution and logistics operations. The property's design is adaptable, accommodating vehicles of all sizes, including semi-trucks and trailers. The buildings' previous use as a wholesale and retail distribution facility for plants and flowers highlights their suitability for similar businesses, or for businesses requiring walk-in and storage coolers. Potential uses extend to retail, distribution, assembly, repair, and light manufacturing. Two additional buildings, located at 714 and 710 Martin Street, offer further expansion possibilities, with sizes of 15,200 and 3,600 square feet respectively, and are available for separate purchase at $410,000 and $115,000. The entire portfolio is also available for purchase at $562,000, offering a comprehensive and flexible commercial real estate solution. The property is situated approximately half a mile south of the Wisconsin River bridge on S Center Avenue.

Property profile
Verified
Property type Commercial real estate
Year built 1980
Total area 5,400 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
Current use
Occupant on record · Public records
  • J w Perry Inc Big Box & Wholesale Store
  • Brose's Flower Center Florist Wedding Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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