237 Maple St Lancaster, WI 53813
- Commercial real estate
Current Use by Public Records
- BMO Harris Bank / Atm / Financial Institution
- ATM / Atm
- Bank of the West / Bank
Property Details for 237 Maple St
- Property type
- Commercial real estate
- APN
- 246-00065-0000
- APU
- 246000650000
Description
This exceptional commercial property at 237 W Maple Street in Lancaster, Wisconsin, presents a unique investment opportunity. The single-story building, totaling 9,532 square feet, sits on a 0.65-acre lot and is zoned for commercial use. Currently configured as a bank, this versatile space offers significant potential for a variety of retail uses. The asking price is $425,000, translating to $44.59 per square foot. The property boasts ample surface parking with 30 spaces, a significant advantage in a high-traffic area. Its prime location in downtown Lancaster places it within a thriving retail trade area, conveniently near established businesses such as Piggly Wiggly. The property's three parcel numbers are 246-00064-0000, 246-00066-0000, and 246-00065-0000. This location is ideal for a local owner-user seeking a high-visibility space with excellent parking. The property's size and location make it an attractive option for businesses seeking to establish or expand their presence in the heart of Lancaster. The building's solid construction and ample parking make it a truly desirable commercial property. This is a rare opportunity to acquire a well-situated, substantial retail space in a vibrant Wisconsin community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $405,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $370,000
- 6.5%
- $345,000
- 7%
- $325,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $365,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $370,000
- Retail
- $330,000
- Mixed-Use
- $375,000
- Hospitality
- $345,000
- Educational
- $305,000
- Residential Income
- $335,000
- Energy
- $290,000
- Income-Based Land
- $300,000
- Food Service
- $390,000
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Grant
- State
- Wisconsin
- Longitude
- -90.7117
- Latitude
- 42.8483
- CBSA code
- 38420
- CBSA name
- PLATTEVILLE, WI MICROPOLITAN STATISTICAL AREA