325 2Nd St Merrill, WI 54452
- Retail properties
- 20,996 SF
- 0.52 lot acres
Current Use by Public Records
- Serce-2-Sisu Fitness & Movement / Physical Fitness Program
Property Details for 325 2Nd St
- Lot size
- 0.52 lot acres
- Property size
- 20,996 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional retail storefront, located at 325 E 2nd St in Merrill, Wisconsin, presents a compelling investment opportunity. Boasting a substantial 20,996 square feet of space, this property is ideally situated in the heart of downtown Merrill, offering excellent visibility and accessibility to a thriving community. Currently operating at 30% occupancy, this property presents significant potential for increased revenue and return on investment. The expansive lot size of 0.52 acres provides ample room for expansion, additional parking, or outdoor amenities. The asking price for this prime retail location is $224,900. The property's classification as a storefront within the retail sector makes it suitable for a wide variety of commercial uses. Its central location in Lincoln County, Wisconsin, zip code 54452, ensures convenient access to local businesses, residential areas, and major transportation routes. This property is an excellent choice for investors seeking a high-potential retail space in a growing Wisconsin community. The substantial square footage offers flexibility for various business models, allowing for customization to meet specific operational needs. Don't miss this chance to acquire a significant commercial property in a desirable downtown location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merrill
- County
- Lincoln
- State
- Wisconsin
- Longitude
- -89.695
- Latitude
- 45.1807