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Property profile & analytics
FOR SALE
Commercial real estate

501 Hewett St Neillsville, WI 54456

0.18 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US92-2617509
Property summary
AI-generated overview

This exceptional two-story commercial building, situated on a corner lot in downtown Neillsville, Wisconsin (501 Hewett St, 54456), offers 10,000 square feet of prime retail space. The property, zoned for commercial use, features a total of ten units across two stories within a single building. Currently housing two tenants with active, long-term leases, this investment opportunity boasts multiple income streams. The building includes over 20 office spaces, three kitchenette break rooms, and three conference rooms. Restrooms are conveniently located on both floors. Several units offer built-in shelving and sink facilities, ideal for a variety of uses. The building features a stunning lobby and waiting area, connected by a gorgeous stairwell. All mechanical systems are meticulously maintained, including a recently installed rubber roof. Additional amenities include ADA compliance, fiber optic internet access, an adjacent parking lot, secure swipe card entry, a maintenance room, and two air exchangers. Its location on Highway 73 in the historic 500 block of downtown Neillsville provides excellent visibility and accessibility. The versatile layout is suitable for various commercial ventures, including but not limited to: multi-tenant shopping center, dental or medical offices, insurance agency, real estate office, general business offices, or creative studios. This well-maintained property presents a strong investment opportunity with existing income generation.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.18 ac (7,841 SF)
APN 261.0993.994
UPID US92-2617509
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
Tk & J Management LLC · 1 yrs held
Tk & J Management LLC
since 2025
Last sale
$249,000
3 recorded transactions
2026
Price N/A
2025
$249,000
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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