1302 Main St Saint Cloud, WI 53079
- Commercial real estate
- 1,008 SF
- 0.34 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1302 Main St
- Year built
- 1998
- Construction
- FRAME
- Lot size
- 0.34 lot acres
- Property size
- 1,008 SF
- Property type
- Commercial real estate
- APN
- V08-16-19-99-OP-072-00
- APU
- V08161999OP07200
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $210,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $180,000
- 6.5%
- $155,000
- 7%
- $180,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $160,000
- Geo Method
- $190,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $160,000
- Retail
- $175,000
- Mixed-Use
- $130,000
- Hospitality
- $130,000
- Educational
- $130,000
- Residential Income
- $135,000
- Energy
- $155,000
- Income-Based Land
- $145,000
- Food Service
- $165,000
Location Insight
- Map
- Local Demand
- City
- Saint Cloud
- County
- Fond Du Lac
- State
- Wisconsin
- Longitude
- -88.167
- Latitude
- 43.8235
- CBSA code
- 22540
- CBSA name
- FOND DU LAC, WI METROPOLITAN STATISTICAL AREA