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129 N Prospect Street

Merrill, WI 54452
  • $175,000
  • STATUS: Active
  • ON SITE: 49 Days
  • MLS #: 22202121
$175,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 3,732
    SQFT
  • $47
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1906
County:
Area:

School Ratings & Info

Description

(Real Estate Only) This charming mixed-use brick building built in 1906 has been lovingly restored. Once known as Merrill Monument, relics of the past tombstone company as well as other notable pieces of Merrill's history have been included in the main floor business area. The building has been renovated within the past 15 years down to the brick, including all new electrical, plumbing, 2 furnaces, 1 central air unit, 2 gas water heaters, patio area, rubber roof & stair lift. Building is NOT on a historic registry. Sutton’s Wine Bar operates in the commercial space, leasing through July 2022. All commercial equipment, alarm system and décor belongs to the tenant and will not be transferred through bill of sale. They would consider a long term lease with a new owner. The 2nd floor is a 2 bedroom 2 bathroom Apartment with in-unit washer/dryer that has been renting for $750/month on month-month leases consistently. The last tenant moved out in April and seller chose not to fill the space to accommodate showings. There is a 1 car garage and gravel parking lot spaces for commercial/residential tenants as well as street parking for business patrons. Landlord pays electric, tenants pay water/sewer/gas.

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© 2022 Central Wisconsin Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Midstate Realty. Data last updated: 2022-07-04T23:31:35.18
www.exitmidstate.com/homes/128764047
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129 N Prospect Street Merrill, WI 54452

  • Price: $175,000
  • Status: Active
  • On Site: 49 Days
  • MLS #: 22202121
0
Beds
3
Baths
0
½ Baths
0.16
Acres
3,732
SQFT
$47
$/SQFT
1906
Built
Neighborhood:
Merrill
County:
Lincoln
Area:
Merrill
Property Description
(Real Estate Only) This charming mixed-use brick building built in 1906 has been lovingly restored. Once known as Merrill Monument, relics of the past tombstone company as well as other notable pieces of Merrill's history have been included in the main floor business area. The building has been renovated within the past 15 years down to the brick, including all new electrical, plumbing, 2 furnaces, 1 central air unit, 2 gas water heaters, patio area, rubber roof & stair lift. Building is NOT on a historic registry. Sutton’s Wine Bar operates in the commercial space, leasing through July 2022. All commercial equipment, alarm system and décor belongs to the tenant and will not be transferred through bill of sale. They would consider a long term lease with a new owner. The 2nd floor is a 2 bedroom 2 bathroom Apartment with in-unit washer/dryer that has been renting for $750/month on month-month leases consistently. The last tenant moved out in April and seller chose not to fill the space to accommodate showings. There is a 1 car garage and gravel parking lot spaces for commercial/residential tenants as well as street parking for business patrons. Landlord pays electric, tenants pay water/sewer/gas.
Exterior Features

Building Type 2 StoryHistorical Construction Brick Land Sq Ft 1-10000 Number Of Entry Doors 5 Number Of Loading Docks 0 Number Of Overhead Doors 0 Parking Parking GarageStreet ParkingGravelUnpavedDetached1-10 Spaces Roof FlatMembrane/Rubber Street Frontage Yes Waterfront YN No

Interior Features

Basement FullStone Ceiling Height Max 12 Ceiling Height Min 12 Cooling CentralWallWindow Heat Type Forced Air Seating Capacity 51-75 Persons Sq Footage Basement 1244 Sq Footage Building 2001-5000 Sq Footage Other 1244 Sq Footage Service 1244

Property Features

Accessibility Features Accessibility Features Annual Rent Per Sq Ft 6.03 Association Fees YN No Common Area Maintenance Fees YN No Electrical Communications 200 AMP Foreclosure No Fuel Type Natural Gas Lease Type Mixed Lease TypesMonth To MonthMultiple Years Licenses None Location Business DistrictCornerFree StandingShopping Center Miscellaneous Gas Hot Water HeaterLiving Area In BuildingInside StorageOutside StorageDisplay WindowFire StairsFencingHigh Traffic LocationHigh VisibilityPublic Rest RoomAda Compliance Municipality MerrillCity Of Possible Use RetailRestaurant/BarBusinessBeauty/BarberMixed UseApartment BuildingBeer/LiquorCateringPizza ParlorSpecialty/Gift ShopTavern/Bar Present Use Restaurant/Bar Property Type Real Estate For Sale Sale Includes Lease(S) Sale Or Rent For Sale Sewer And Water Municipal SewerMunicipal Water Short Sale No Sprinklers YN No Tax Amount 2187 Tax Year 2021 Tenant Pays HeatSewerWater Zoning Commercial Zoning Description Commercial

Listing information © 2022 Mid America Regional Information Systems, Inc.
Listing provided courtesy of Lora Bladow of Re/Max Excel.


© 2022 Central Wisconsin Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or EXIT Midstate Realty. Data last updated: 2022-07-04T23:31:35.18
 
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