1223/1219 East Main Street Merrill WI 54452 $99,500
Features of 1223/1219 East Main Street Merrill WI 54452
- Commercial/Industrial
- Status: Expired
- Estimated Age: Not Available
- Estimated Square Feet: 5001 or more
- Square Feet: 7578
- Est. Lot Size: 0-10000,120x50
- County: Lincoln
- Property Taxes: $2,300
- Property Tax Year: 2015
- MLS#: 1600523
- Listing Company: Park City Realty
- Price/SqFt: $13
- Zip Code: null
Property Description for 1223/1219 East Main Street Merrill WI 54452
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.
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Listed by Park City Realty