Stevens Point, WI Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Stevens Point, Wisconsin Market population: 27K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Stevens Point WI Properties: 1.9900%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Stevens Point WI
Common questions from investors exploring commercial real estate in Stevens Point WI.
What is the overall investment potential of Stevens Point, WI, considering its demographic and economic factors?
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The city's median household income of $39,023, combined with a poverty rate of 21.1% and a high health insurance coverage rate of 93.7%, suggests a relatively stable market with a mix of working-class and more affluent residents. The top industries, including Finance & Insurance and Information, indicate a diverse economy, while the average commute time of 15.7 minutes and high rate of drove alone commutes suggest convenient transportation options.
How does the ethnic diversity and foreign-born population impact the real estate market in Stevens Point, WI?
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The city's ethnic diversity, with a majority of White (46.8%) and White Non-Hispanic (45.9%) populations, and a relatively low foreign-born rate of 2.5%, may indicate a stable and traditional market. However, the presence of Asian (2.3%) and other ethnic groups could suggest opportunities for catering to diverse rental or buyer preferences, particularly in the Finance & Insurance and Information industries.
What are the key factors to consider when evaluating the quality of life for residents and potential tenants in Stevens Point, WI?
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The average commute time of 15.7 minutes, low poverty rate of 21.1%, and high health insurance coverage rate of 93.7% all contribute to a relatively high quality of life in Stevens Point, WI. Additionally, the top commute methods, including drove alone, walked, and worked at home, suggest flexible transportation options and a potentially desirable work-life balance.
How do the local economy and industry trends impact the real estate investment potential in Stevens Point, WI?
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The city's top industries, including Finance & Insurance, Information, and Transportation & Warehousing, indicate a diverse economy with potential for job growth and stability. The median household income of $39,023 and employed population of 13,746 also suggest a relatively strong local economy, which could support demand for housing and rentals, particularly in areas with convenient access to these industries.
What are the implications of the city's homeownership rate and property values for real estate investors in Stevens Point, WI?
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The homeownership rate of 50.4% and median property value of $110,900 suggest a relatively affordable market with opportunities for both rental and owner-occupied investments. The median property taxes of $5,374 and health insurance coverage rate of 93.7% also indicate a stable and potentially desirable market for residents, which could support long-term investment potential and appreciation in property values.
Stevens Point WI Real Estate & City Facts
Key facts and real estate information about Stevens Point WI.
What are some of the best neighborhoods to live in Stevens Point?
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Some of the best neighborhoods to live in Stevens Point include the area near Georke park, Plover, and University of Wisconsin Stevens Point. These neighborhoods offer a mix of established family homes, recreational opportunities, and a strong sense of community.
What are some fun things to do in Stevens Point?
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There are plenty of fun things to do in Stevens Point, including exploring the Green Circle Trail, visiting the Stevens Point Sculpture Park, and checking out the local farmers market downtown. You can also paddle the Wisconsin River, visit local parks, or dive into the city's historic district.
What is the food scene like in Stevens Point?
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The food scene in Stevens Point is delicious and diverse, with plenty of great restaurants to choose from. Some popular spots include PJ's - SentryWorld, The Wooden Chair, and Father Fats Public House. There are also plenty of great food trucks and local eateries serving up everything from classic comfort food to Mexican flair.
What are the pros and cons of living in Stevens Point?
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The pros of living in Stevens Point include its strong sense of community, recreational opportunities, and a growing food and drink scene. However, some cons include a relatively high poverty rate and limited job opportunities in certain industries. Overall, Stevens Point is a great place to live for those who value a close-knit community and outdoor recreation.
Is Stevens Point a good place to live?
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Yes, Stevens Point is a good place to live for those who value a strong sense of community, outdoor recreation, and a growing food and drink scene. While it may have some drawbacks, the city's pros outweigh its cons, making it a great choice for families, young professionals, and retirees alike.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Stevens Point WI Commercial Property: $39,023
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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