Radisson Commercial Property
$389,000
3662 Clark Street
Radisson, WI 54867
Imagine owning a property with a robust 13% cap rate and a gross income multiplier of 6. Consisting of 7 occupied rental units and a re-tooled public laundromat. With some rents unchanged for years, there exists a substantial opportunity to enhance earnings through thoughtful updates and strategic management. The convenience of location cannot be overstated, with residents and customers enjoying easy access to the bank, dollar store, post office, and gas station, all within walking distance. Moreover, its proximity to Hayward and Ladysmith—just 20 minutes away—places this property in an enviable position, catering to both the local community and visitors to the area.
Listing Information
MLS#: 1581796
Status: Active
0.77 Acre Lot
6,015 sq. ft. Above Grade
Lot Size: 275 x 135
Sawyer County
School District: Winter
Area: 50 - All Others Sawyer
Zoning: Unzoned
Listed By: Alison Kempen from CB Northern Escape/Ladysmith
Interior Features
Basement: None
Cooling: None, Other, See Remarks
Foundation: Poured
Heating: Baseboard, Wall Furnace
Exterior Features
Water Service: Public
Sewer Service: Public Sewer