15 2nd St Black River Falls, WI 54615-1727
Own a piece of Black River Falls history! This 1,122 square foot commercial land parcel, located at 15 S 2nd Street, is priced to reflect needed roof repairs. Originally situated on Main Street, this historic brick building was relocated in 1912 and later modernized. The main floor currently offers two office spaces, providing versatile options for commercial use. A full basement adds significant storage potential. The property boasts updated electrical systems, a forced air furnace, and an electric water heater. This unique property presents a compelling opportunity for entrepreneurs seeking a charming, established location in the heart of downtown Black River Falls. The asking price is $47,900. The property's rich history and central location make it an ideal investment for those seeking a distinctive commercial space with potential for customization. While the roof requires immediate attention, the building's solid foundation and updated systems offer a strong base for future development. Don't miss this chance to own a piece of Black River Falls' heritage.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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