For Sale
$259,000

10531 Dakota AveHayward, WI 54843

Prime Hayward retail space, vacant, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
117
This 1,688 square foot storefront, located at 10531 Dakota Ave in Hayward, WI 54843, presents a compelling investment opportunity. Priced at $259,000 ($153.44/sq ft), this two-story commercial building sits on a 0.16-acre lot in a high-traffic area, just one block west of Main Street. The main floor offers approximately 1,400 square feet of retail space, complete with a kitchen and a bathroom with a shower. A rear garage and ample parking with convenient alley access are additional benefits. The lower level, currently unfinished, offers significant potential for expansion, with possibilities including conversion into office space or two apartments. An existing one-bedroom, one-bathroom apartment on the upper level features a private entrance. The property has undergone recent updates. Note that the main and upper levels are currently subject to existing tenant leases. The building's zoning is commercial, making it suitable for a variety of uses. The Hayward area shows a need for residential rentals, presenting an opportunity to further develop the property's income potential. This property is ideal for an owner-user seeking a combination of retail space and residential living quarters, or an investor looking to capitalize on the area's demand for both commercial and residential properties.

Highlights

  • 1,688 SF storefront in Hayward, WI, priced at $259,000 ($153.44/SF).
  • Two-story building on a 0.16-acre lot with alley access and ample parking.
  • Main floor features ~1,400 SF of retail space, kitchen, and bathroom.
  • Upper level includes a 1-bedroom, 1-bathroom apartment with private entrance.
  • Unfinished lower level offers potential for office space or two apartments.
  • Currently subject to existing tenant leases.

Property Details for 10531 Dakota Ave

Property type
Retail properties, Retail space
Square Feet
1,688 SF
Buildings
1
Stories
2
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Hayward
County
Sawyer
State
Wisconsin
Latitude
46.013545241229
Longitude
-91.485286023261
10531 Dakota Ave, Hayward, Wisconsin

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10531 Dakota Ave
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