808 3rd St Cornell, WI 54732-8400
This exceptional Cornell, WI property offers a unique blend of commercial and residential space, ideal for entrepreneurs and investors. The main structure features 5,118 square feet of versatile shop space, perfect for a variety of business uses or ample storage. This is complemented by a beautifully remodeled 1,642 square foot, four-bedroom, one-bathroom residence, providing comfortable living quarters or a lucrative rental opportunity. The property sits on a generous 1.52-acre lot, boasting excellent visibility from Highway 27, ensuring high traffic exposure for any commercial venture. Two additional smaller shops provide further storage capacity or potential for additional income streams. The property's location offers a tranquil setting bordering the historic Old Able Trail, appealing to both business owners and those seeking a peaceful lifestyle. The total building square footage is 6,760 square feet. This rare combination of commercial potential, residential comfort, and prime location presents a significant opportunity. The asking price is $265,000.
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Wisconsin Phoenix LLC General Contractor Renovation Specialist
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
REFERENCE, EXEMPT,ETC. · Cornell, WICosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.