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    Mellen, WI
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    Mellen, WI Retail Properties & Spaces for Sale

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    Mixed-Use Building with Apartments
    Updated: Jun 19
    Mixed-Use Building with Apartments

    115-117 E Bennett Avenue, Mellen, WI 54546

    $250,000
    3,744 sqft 0.05 AC lot
    3,744 SF mixed‑use building with a thrift store and 2 apartments
    Built in 1905 with brick, cement siding, and wood siding
    0.0546‑acre parcel in historic downtown Mellen
    Forced‑air heating and basement
    Public water and public sewer
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    Mixed-Use Building with Apartments
    Updated: Jun 19
    Mixed-Use Building with Apartments

    119-121 E Bennett Avenue, Mellen, WI 54546

    $275,000
    3,588 sqft 0.05 AC lot
    Post office occupies the ground level with 2 apartments above
    3,588 square feet on a 0.0546‑acre parcel
    Built in 1905
    Brick, vinyl siding, and wood siding construction
    Basement included
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Mellen, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Shopping Center with Expansion Land
    Shopping Center with Expansion Land

    629 W Cloverland Drive, Ironwood, MI 49938

    $2,500,000
    20,975 sqft 4.30 AC lot

    Established commercial center with multiple suites, on-site parking, public utilities, and adaptable interior layouts.

    View details
    Multi-Tenant Shopping Center
    Multi-Tenant Shopping Center

    629 CLOVERLAND DR, Ironwood, MI 49938

    $2,500,000
    4.30 AC lot

    Versatile retail property with multiple suites, supplemental buildings, dedicated parking, and adaptable interior layouts.

    View details
    Historic Ashland Building on Main
    Historic Ashland Building on Main

    518 Main St W, Ashland, WI 54806

    $249,000
    0.08 AC lot

    Iconic 1884 building with commercial space and residential apartment.

    View details
    Downtown Mixed-Use Duplex
    Downtown Mixed-Use Duplex

    516 W Main street, Ashland, WI 54806

    $395,000

    Recently remodeled upper apartments sit above a leased main-level beauty salon with a full basement and rear off-street parking.

    View details

    Mellen, WI Retail Properties & Spaces Market Trends and Statistics

    Explore 2 retail properties & spaces for sale in Mellen, WI on our real estate platform. These investment opportunities span a total of 7,332 square feet of properties for sale, with an estimated market value of $525,000.

    Sale prices for stores in Mellen, WI start at $250,000, averaging $262,500, and reaching up to $275,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Storefront properties 2

    Demographics Overview

    Population 1,133
    Population Growth (5Y) -6.6%
    Median Household Income $66,667
    College Educated 23.9%

    High-Yield Neighborhoods for Investment

    Identify Mellen submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    54546 $262.5K

    Taxes & Financing

    Tax Rate (average for all types) 2.25%
    Tax Rate vs County Average 0.18 pp below county avg
    Average Loan-to-Value 65.0%

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