108 Court St Richland Center, WI 53581
- Commercial real estate
- 0.24 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 108 Court St
- Lot size
- 0.24 lot acres
- Property type
- Commercial real estate
- APN
- 276-2100-0760
- APU
- 27621000760
Description
This exceptional 9,190-9,402 square foot retail and office space presents a unique investment opportunity in the heart of downtown Richland Center, Wisconsin. The property, situated on a 0.24-acre lot at 108 E Court St, 53581, boasts excellent visibility from a controlled intersection. Built in 1913, this two-story landmark structure offers multi-tenant occupancy, ideal for a variety of businesses. The building's prime location ensures high foot traffic and exposure, making it an attractive proposition for both established businesses and new ventures. The asking price is $475,000. The property's classification includes Office, Special Purpose, and Retail, making it versatile and adaptable to diverse needs. Its rich history and prominent position within the community offer a unique blend of character and commercial potential. This is a rare chance to acquire a significant piece of Richland Center's commercial landscape. The property's size and location make it a compelling investment for those seeking a strong return in a thriving downtown area.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $320,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $450,000
- 6.5%
- $495,000
- 7%
- $515,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $400,000
- Geo Method
- $455,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $500,000
- Retail
- $440,000
- Mixed-Use
- $430,000
- Hospitality
- $430,000
- Educational
- $420,000
- Residential Income
- $525,000
- Energy
- $535,000
- Income-Based Land
- $435,000
- Food Service
- $570,000
Location Insight
- Map
- Local Demand
- City
- Richland Center
- County
- Richland
- State
- Wisconsin
- Longitude
- -90.3851
- Latitude
- 43.3358