1103 Main StMarion, WI 54950

  • Other commercial real estate
  • 2.19 AC
For Sale
$599,900 View listing

Property Details for 1103 Main St

Lot size
2.19 AC
Property type
Other commercial real estate
APN
252353400032
APU
252353400032

Description

This exceptional 13,344 square foot commercial property, situated on a 2.18-acre lot at 1103 N MAIN STREET, Marion, WI, presents a unique investment opportunity. Built in 2000, the main structure boasts a substantial 70' x 176' footprint with 12-foot walls, offering ample space for a variety of commercial ventures. The existing banquet hall layout includes a large 75' x 70' dining area, supplemented by an additional 13' x 18' dining space, perfect for events or large gatherings. A well-equipped commercial kitchen, complete with stainless steel appliances, walk-in coolers, and freezers, is seamlessly integrated into the design. The property also features two expansive bar areas – a main bar measuring 30' x 48' with three mixing stations, and a secondary 27' x 38' bar area. Two large restrooms cater to guest needs. Beyond the main hall, a 30' x 30' finished and heated attached garage provides additional storage or workspace. A 12' x 44' party deck extends the usable outdoor space. The building's robust construction includes a wood frame, steel roof, and steel siding. Climate control is ensured by three rooftop and three ground-level air conditioning units. The interior features a mix of flooring materials including painted concrete, epoxy concrete, ceramic tile, and carpet. The ceiling is finished with acoustic tile and fluorescent lighting, complemented by ample electrical capacity. The property benefits from an easement agreement with the adjacent Shell gas station for parking lot access. The fountain system is subject to a lease agreement. Priced at $599,900, this versatile property offers significant potential for retail, office, or other commercial uses.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $19,671,014
    Hospitality
    $18,018,544
    Educational
    $14,991,217
    Medical
    $15,506,788
    Retail
    $23,319,670
1103 Main St, Marion, Wisconsin

Location Insight

City
Marion
County
Shawano
State
Wisconsin
Latitude
44.6807
Longitude
-88.8907
CBSA code
43020
CBSA name
SHAWANO, WI MICROPOLITAN STATISTICAL AREA

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
$9,436
$20,900
$551,200
$572,100
-
$19,458
$513,181
$532,639

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