109 Main St Marion, WI 54950-9555
This exceptional commercial property at 109 S MAIN STREET, Marion, WI, presents a unique investment opportunity. The 10,466 square foot building sits on a 0.6-acre lot and comprises three distinct units, offering diverse income streams and potential for future expansion. Currently, two units are occupied by established businesses: a machine shop and a restoration company. The machine shop operates under a three-year lease expiring in 2025, while the restoration company is on a month-to-month agreement. Both tenants have expressed a strong desire to remain, ensuring immediate and consistent rental income. The monthly rent for the machine shop is $900, and the restoration company pays $850 per month. A third unit is currently vacant but previously rented for $850 per month, presenting an immediate opportunity to increase revenue. The property has recently undergone significant improvements, including a completely repaired roof and a new sloped addition, enhancing its longevity and curb appeal. This combination of stable, long-term tenants, a desirable location in Marion, WI, and recent upgrades makes this a compelling investment prospect with immediate return and significant upside potential. The asking price for this versatile commercial property is $279,900.
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Marion Advertiser Marketing & Advertising Printing Service
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Brooke Schernecker Photography Photography Service (Bike/Boat/Book/etc) Store
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JDM Metal Works, LLC Industrial Manufacturer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.