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Property profile & analytics
OFF-MARKET
Commercial real estate

1302 Main St Saint Cloud, WI 53079

1,008 SF 0.34 ac lot Built 1998
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US92-1238318
Property summary
AI-generated overview

This exceptional investment opportunity presents the historic Idlewile Inn, a 7,397 square foot, two-story commercial building located at 1302 Main St, Saint Cloud, Wisconsin, 53079. Built in 1915, this landmark property boasts a rich history and unique architectural details. The building features a rectangular footprint, flat roof, and stepped parapet, showcasing its classic Commercial Vernacular style. The prominent first-floor façade includes a full-length half-hipped canopy with a central gable, highlighting the main entrance composed of double multi-light doors with sidelights. Flanking the entrance are pairs of double-hung four-over-four windows. The second story is elegantly lit by six-over-one double-hung windows arranged in pairs and groups of three, a design repeated on the building's north and south elevations. Two single-story gabled additions are situated on the rear (west) elevation. The building is currently clad in vinyl siding. Offered at $495,000, this represents a price per square foot of $66.92. This property is ideally suited for a variety of uses, making it an exceptional opportunity for a discerning investor seeking a unique and established business location in the heart of Saint Cloud. The property's size and historical significance offer significant potential for growth and return on investment.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1998
Construction FRAME
Total area 1,008 SF
Lot 0.34 ac (14,810 SF)
APN V08-16-19-99-OP-072-00
UPID US92-1238318
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Katris Holdings LLC · 4 yrs held
Katris Holdings LLC
since 2021
Last sale
$200,000
1 recorded transaction
2021
$200,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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