Property profile

111 5th N Ave Strum, WI 54770

OFF-MARKET
Commercial real estate
Property ID
US92-2689561
Individually Owned 6-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 0.12-acre commercial property at 111 5th Avenue in Strum, Wisconsin, presents a unique investment opportunity. Priced at $295,000, this building boasts a rich history, having previously served as a bank. The building's character is preserved, including the original vault, cleverly incorporated as a pass-through to a rear outdoor sanctuary. Village approval allows for diverse uses, such as a speakeasy, retail space, beauty salon, cafe, coffee shop, bakery, or office. The interior features a full kitchen, two bathrooms (one with a shower in the bright, dry lower level), sleeping quarters, main floor laundry, and dedicated office space. The layout includes two front entrances and two rear entrances, along with a central pass-through reflecting its past as two separate parcels. This adaptable space is ideal for entrepreneurs seeking to expand their existing business or those ready to embark on a new venture. The property's versatility and unique features make it a truly compelling investment. Contact for a detailed floor plan.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 181-00056-0000
UPID US92-2689561

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Architecture Firm Handyman/Handywoman/Handyperson
  • Corporate Office

Location

111 5th N Ave Strum, WI 54770-9252
Strum metro Census 100200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2019
2 recorded transactions
2019
$45,000
2005
$35,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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