MONROE - The market for commercial property in Monroe seems to be a mixed bag.
Although "the market is down a bit," said Ryan Ziltner, a real estate agent in Monroe, some properties in the city are still moving.
Topping the list of large properties on the market is the former Walmart building on Monroe's far west side. Ziltner, of Hedeman Real Estate Company, is handling the property, now for sale.
He said the most recent asking price for the 98,000-square-foot building and 9.2 acres of land, is $1.2 million. Green County assesses the property at $2.5 million.
"I think it would be excellent for retail or as a warehouse or storage, and even office space," Ziltner said.
Walmart Stores Inc., which was in the building for decades, does not own the property, according to Ziltner. The company's lease ran out earlier this year.
Sitting on the market for perhaps for the longest period, however, is the 4,400-square-foot Stuessy funeral home near downtown Monroe, with an asking price of $191,000.
That space is listed by Luis and Brenda Carus at Prudential Towne Square, who acknowledges that the property is unique.
"But it carries a stigma, because it was a funeral home," Brenda Carus said.
Vacant for almost three years, the building has had some remodeling, but Carus said it still needs some more work.
The building has an upper-level apartment, and the main level is suitable for many uses, even as a family home, according to Carus.
The property sits in a multi-use zone, expanding its potential uses, she added.
A downtown commercial property facing the Square recently came on the market with an asking price of $127,000, according to Carus. The two-story building with a basement is about 5,600-square-feet.
Realtors have been "doing well at keeping the downtown fairly occupied," Carus said.
And in fact, several commercial properties have been moving in the market recently.
The large Roadhouse building, previously a bar and restaurant, on 30th Street was purchased and is being renovated into retail, with the Hometown Discount Center set to open this summer.
Barrett's Brick Cafe just east of the Square has an offer on it, as does the building along Wis. 69 that once housed the Koffee Bean and CPP Computers.
And an offer also is pending on the Bargain Depot property, a former discount store across from the city's police department. But that building will likely have to be demolished because of its poor condition, according to city officials.
Although "the market is down a bit," said Ryan Ziltner, a real estate agent in Monroe, some properties in the city are still moving.
Topping the list of large properties on the market is the former Walmart building on Monroe's far west side. Ziltner, of Hedeman Real Estate Company, is handling the property, now for sale.
He said the most recent asking price for the 98,000-square-foot building and 9.2 acres of land, is $1.2 million. Green County assesses the property at $2.5 million.
"I think it would be excellent for retail or as a warehouse or storage, and even office space," Ziltner said.
Walmart Stores Inc., which was in the building for decades, does not own the property, according to Ziltner. The company's lease ran out earlier this year.
Sitting on the market for perhaps for the longest period, however, is the 4,400-square-foot Stuessy funeral home near downtown Monroe, with an asking price of $191,000.
That space is listed by Luis and Brenda Carus at Prudential Towne Square, who acknowledges that the property is unique.
"But it carries a stigma, because it was a funeral home," Brenda Carus said.
Vacant for almost three years, the building has had some remodeling, but Carus said it still needs some more work.
The building has an upper-level apartment, and the main level is suitable for many uses, even as a family home, according to Carus.
The property sits in a multi-use zone, expanding its potential uses, she added.
A downtown commercial property facing the Square recently came on the market with an asking price of $127,000, according to Carus. The two-story building with a basement is about 5,600-square-feet.
Realtors have been "doing well at keeping the downtown fairly occupied," Carus said.
And in fact, several commercial properties have been moving in the market recently.
The large Roadhouse building, previously a bar and restaurant, on 30th Street was purchased and is being renovated into retail, with the Hometown Discount Center set to open this summer.
Barrett's Brick Cafe just east of the Square has an offer on it, as does the building along Wis. 69 that once housed the Koffee Bean and CPP Computers.
And an offer also is pending on the Bargain Depot property, a former discount store across from the city's police department. But that building will likely have to be demolished because of its poor condition, according to city officials.