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325 E 2nd St

21,150 SF 100% Leased Industrial Building Merrill, WI 54452 $224,900 ($11/SF)

Executive Summary

Mixed use building in the heart of Merrill priced well below appraised value. This building offers potential for multiple uses with a 6,436 square
foot open warehouse with overhead door and private restroom currently used as a gym and 2 stories of mixed use space with approx 4.810
square feet each floor with a main level loading dock. The full basement is currently occupied by a craftsman. Space boasts high ceilings with a
loft type atmosphere that would be ideal for renovation to apartments or a creative use such as art studio, woodworker/craftsmen,

Property Facts

Price $224,900
Price Per SF $11
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Distribution
  • Flex Light Manufacturing
  • Industrial Truck Terminal
  • OfficeLoft Creative Space
Building Class C
Lot Size 0.52 AC
Rentable Building Area 21,150 SF
No. Stories 3
Year Built 1945
No. Dock-High Doors/Loading 1

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
251-3106-114-0147
Land Assessment
$33,300
Improvements Assessment
$112,500
Total Assessment
$145,800

zoning

Zoning Code Buyer to Verify (Buyer to Contact City of Merrill)
Buyer to Verify (Buyer to Contact City of Merrill)
  • Listing ID: 29783939

  • Date on Market: 10/13/2023

  • Last Updated:

  • Address: 325 E 2nd St, Merrill, WI 54452

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