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Property profile & analytics
OFF-MARKET
Commercial real estate

214 Spruce St Spooner, WI 54801

1,302 SF 0.24 ac lot Built 1960
Property ID
US92-2229062
Property summary
AI-generated overview

This exceptional 1,302 square foot commercial property, located at 214 Spruce Street in the heart of Spooner, WI, presents a fantastic opportunity for entrepreneurs. Situated on a 0.24-acre lot, this general commercial building offers a versatile layout ideal for a variety of businesses. The main floor boasts three separate offices, perfect for individual professionals or a small team, complemented by a retail space at the front, ensuring high visibility and accessibility for customers. Ample off-street parking is available both to the side of the building and in the convenient alleyway, providing easy access for both staff and clients. Internal features include a main level laundry area and a large bathroom, adding to the practicality and convenience of the space. The property's prime location is just 0.4 miles from the main shopping area on Walnut Street, placing it within easy reach of numerous amenities and a thriving commercial district. This presents a unique chance to establish a successful business in a vibrant and supportive community. The asking price is $128,999, making this an attractive investment opportunity with significant potential for growth and return. Don't miss this chance to secure a thriving commercial space in a desirable location.

Property profile
Verified
Property type Commercial real estate
Year built 1960
Total area 1,302 SF
Lot 0.24 ac (10,454 SF)
UPID US92-2229062
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
Current use
Occupant on record · Public records
  • Lyle L. Lauritsen, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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