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Property profile & analytics
OFF-MARKET
Medical Office Space

2502 Broadway St Menomonie, WI 54751

8,500 SF 2.27 ac lot
Property ID
US92-2916338
Property summary
AI-generated overview

This exceptional 8,500-square-foot commercial property, situated on a 2.27-acre lot in Menomonie, Wisconsin, presents a unique investment opportunity. Built in phases (1995 and 2004), with renovations completed in 2020, including a new steel roof, this Class B building offers versatile space ideal for various uses. Currently vacant, the property is zoned B-2 Local Commercial District, allowing for a range of commercial ventures. Previously configured as a veterinary hospital, the layout is easily adaptable to accommodate multiple tenants, with potential suite sizes ranging from 750 to 2,900 square feet. The property boasts 15 parking spaces and three separate heating units. Its prime location on Highway 25 offers excellent visibility and accessibility, particularly beneficial for businesses serving the surrounding rural areas. The substantial lot size allows for expansion or the addition of ancillary services. The property's history includes owner-occupancy since construction, and a separate structure on the property could be renovated or removed. This offering presents a compelling opportunity for both owner-users and investors seeking a strong return on investment, with a potential CAP rate exceeding 9% at market rates. The asking price is $900,000, translating to $105.88 per square foot. The property address is 2502 Broadway St S, Menomonie, WI 54751.

Property profile
Verified
Property type Medical Office Space
Total area 8,500 SF
Lot 2.27 ac (98,881 SF)
UPID US92-2916338
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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