$1,850,000
$2,250,000
17.8%For more information regarding the value of a property, please contact us for a free consultation.
544 S Broadway ST Menomonie, WI 54751
25,000 SqFt
Key Details
Sold Price $1,850,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 25,000 sqft
Price per Sqft $74
MLS Listing ID 1575303
Sold Date 10/18/23
HOA Y/N No
Abv Grd Liv Area 25,000
Year Built 1885
Annual Tax Amount $18,274
Tax Year 2022
Lot Size 0.300 Acres
Acres 0.3
Property Sub-Type Commercial
Property Description
Extremely solid income producer with potential for growth! This landmark iconic building has (30) residential units on the 2nd and 3rd floors, and (5) commercial tenants on the first floor, 98% occupancy. One unit is in remodel process. The Marion is situated near the historic district, next to the lake, downtown and the University of Wisconsin-Stout Bell Tower. Near the Mabel Tainter Theatre, Lake Menomin, historic Menomonie downtown. City has many major, manufacturing companies, including 3M, Phillips, Anderson Windows, to name a few. Bike trails, shopping, Mayo Hospital nearby. Many updated improvements including new roof, New windows, fire system, remodeling in some units. Fiber optic internet coming soon. Long term commercial tenants. Annual leases for almost all residential units.
Location
State WI
County Dunn
Area 15 - Menomonie Schl/City
Rooms
Basement Full
Interior
Heating Hot Water, Other, Radiant, See Remarks
Cooling Other, See Remarks
Flooring Carpet
Fireplace No
Exterior
Water Access Desc Public
Building
Foundation Stone
Sewer Public Sewer
Water Public
Schools
School District Menomonie
Others
Tax ID 251-1110-03
Financing Conventional
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