118 W 6Th St Neillsville, WI 54456
For Sale
1 / 17
This exceptional commercial property at 118 W 6th Street, Neillsville, WI, presents a compelling investment opportunity. The building boasts 2,184 square feet situated on a 0.04-acre lot. Its strategic location in the heart of Neillsville offers excellent visibility and accessibility for a variety of businesses. The property features flexible commercial space currently utilized as a gaming store, adaptable to various uses including offices, retail, or restaurants. Adding to its appeal is a spacious upstairs apartment, currently occupied, complete with a large kitchen, living room, and two sizable bedrooms. The apartment provides convenient access to the commercial space below, offering potential for owner occupancy or additional rental income. Priced at $69,900, this property represents a remarkable value for entrepreneurs seeking a business location or investors building their portfolio. The combination of a well-located commercial space and a generating rental unit makes this a truly unique and attractive investment opportunity. The current tenants provide immediate cash flow, minimizing vacancy risk for a new owner. Don't miss this chance to acquire a versatile and profitable property in a thriving community.
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.