1223/1219 East Main Street, Merrill WI 54452 $99,500

1223/1219 East Main Street, Merrill 0 Acres $99,500 Active

  • Commercial/Industrial
  • Status: Active
  • Estimated Age: Not Available
  • Estimated Square Feet: 5001 or more
  • Est. Lot Size: 0-10000,120x50
  • County: Lincoln
  • Property Taxes: $2,300
  • Property Tax Year: 2015
  • MLS#: 1600523
  • Listing Company: Park City Realty
  • Listing Agent: Jane Ann Savaske

1223/1219 East Main Street Merrill WI 54452 - Potential Money Maker! This Investment Opportunity Consists Of Two Commercial Storefronts W/ 3 Rental Units Above. Located In Merrill'S Eastside Business District This Building Is On A Corner Lot With Parking Available On Both The Front And Side Streets. Currently One Business Tenant Is A Thriving Hair Salon. The Adjoining Storefront Was A Past Tanning Salon And Is An Opportunity For A 2nd Storefront. The Exterior Of The Building Has An Appealing Historic Look. In 2015 New Windows Were Installed As Well,as A New Coat Of Paint. The Upper Level Has 3 Rental Units, Each Include Bedrooms, Bath, Kitchen, Dining & Living Rms. This Building Has The Potential For Strong Monthly Income. The Former Tanning Salon Has A Commercial Heating And Cooling Unit Which Is About 7 Years Old. The Current Salon Has Forced Air Heat Installed About 7 Years Ago. In The Basement There Is A New Modine Furnace That Was Installed In 2014. The Hair Salon Is About 1008 Square Feet, And Includes A Working Area For 4 Chairs And A Bathroom And Nail Technician Area. It Is Tastefully Decorated And There Is An Adjoining Break Room. The Hair Salon Fixtures Are Included In The Listing Price. Behind The Salon Is A Large Storage Room And Includes A Working Elevator To The Unfinished Basement. The Storage Area On Both Levels Could Be Leased. The Former Tanning Salon Is About 1088 Square Feet, With Three Rooms And Reception Area. The Tanning Equipment Is Not Included In The List Price But Could Be Negotiated. There Is About 483 Square Feet Of Storage Behind. There Are Three Apartments On The Upper Level, Each With Their Own Electric Heat. A New Hot Water Heater Was Installed In 2014. Two Of The Apartments Include Kitchen, Living, Dining Rooms, Bathroom And Two Bedrooms. The Third Apartment Includes Kitchen, Bathroom And One Bedroom. Each Apartment Has Their Own Electrical Meter And Pays For Their Use. Currently Their Leases Are Month To Month. The Tenants Can Park Behind The Building.

Additional Features
  • Heating/Cooling: Baseboard, Central Air, Forced Air
  • Water Waste: Municipal Water
  • Free Standing
  • Roof: Flat, Rubber/Membrane
  • Construction Type: E
  • Waterfront/Access: N
  • Lot Size: 0-10000,120x50
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1600523 Active Feb 3 2016 2:10PM $99,500 304
1400753 Expired Active Dec 1 2015 2:09AM 657
1400753 Active Expired May 20 2015 11:09AM $109,900 $124,000 657
1400753 Expired Active May 16 2015 5:09AM 657
1400753 Active Expired Apr 7 2015 2:09PM 657
1400753 Expired Active Apr 1 2015 2:09AM 657
1400753 Active Jan 14 2015 12:12PM $124,000 657

Estimated Monthly Payment

$3,287 per month
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722 2ND ST E CommercialProperty Active $94,900 0 1.0 1,664 $1,746

Buyer understands that the information which is contained on Data pages is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. REALTOR *MLS* Equal Housing Opportunity

Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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