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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

W12203 Wi-23 Trunk Ripon, WI 54971

1,581 SF 1.48 ac lot Built 1996
Property ID
Property summary
AI-generated overview

This exceptional 1,581 square foot property in Ripon, Wisconsin, presents a unique live/work opportunity. Located on 1.48 acres along Highway 23 (W12203 WI-23 Trunk), this single-story, 1996-built building offers a blend of residential comfort and commercial potential. The property includes a 2.5-car garage, plus two substantial shop spaces measuring 30x40 and 42x40 feet, ideal for an auto shop or similar business. The home boasts three bedrooms and two bathrooms, recently updated with features such as heated floors and a new furnace, water heater, and air conditioning system. An open-concept living room and kitchen flow seamlessly to a back patio with updated landscaping, stonework, and a fire pit. The property is zoned for residential use with a conditional use permit allowing business operation and signage. This turnkey operation is offered at $664,900 ($420.56/sq ft) and is currently 100% occupied. The property's versatile layout and ample space provide significant customization potential for various business ventures or personal projects. The combination of residential comfort and commercial functionality makes this a rare and attractive investment opportunity, offering both immediate income and long-term growth potential. The property's location on a major highway provides excellent visibility and accessibility. The parcel's APN is T17-16-14-25-16-002-00.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1996
Total area 1,581 SF
Lot 1.48 ac (64,469 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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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