15 Marshall StRice Lake, WI 54868

  • Commercial real estate
  • 0.15 AC
For Lease
$120/SF/YR View listing

Property Details for 15 Marshall St

Lot size
0.15 AC
Property type
Commercial real estate
APN
276-1884-97-000
APU
276188497000

Description

This exceptional single-tenant commercial property at 15 W. Marshall St. offers 2,000 square feet of versatile space, currently available. Ideal for a variety of uses, including retail, office, or professional services, this property boasts a thoughtfully designed layout. Features include a welcoming reception area, creating a professional first impression for clients and visitors. Abundant natural light streams in through large windows, brightening the workspace and enhancing productivity. The space also includes three generously sized private offices, perfect for individual work or team collaboration. A convenient bathroom and a dedicated storage room provide added functionality and organization. Ample street parking is available directly in front of the building, ensuring easy access for both employees and customers. The property's location in a high-traffic area guarantees excellent visibility and exposure to potential clients, making it an exceptional opportunity for businesses seeking to thrive in a dynamic community. This is a turnkey solution for businesses looking to establish a strong presence in a vibrant commercial district. The property is ready for immediate occupancy. Don't miss this chance to secure a prime location for your business.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,325,230
    6.5%
    $1,223,290
    7%
    $1,135,910
  • Comparable approach

    Method
    Valuation
    Relative Method
    $324,614
    Geo Method
    $324,614
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $2,415,700
    Retail / Commercial
    $1,237,320
    Mixed-Use / Specialty
    $1,231,780
    Hospitality / Lodging
    $902,248
    Office
    $1,223,290
    Institutional / Educational
    $1,280,150
    Residential Income
    $1,497,780
    Multifamily
    $1,802,620
    Automotive / Energy
    $1,097,270
    Parking / Income-Based Land
    $379,773
    Restaurant / Food Service
    $638,247
    Healthcare / Senior Housing
    $1,264,330

Location Insight

City
Rice Lake
County
Barron
State
Wisconsin
Latitude
45.5046
Longitude
-91.7346

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$4,031
$37,000
$197,200
$234,200
-
-
-
$237,400

FAQs

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