Hurley, Wisconsin Commercial Real Estate 1 Listing
Hurley, Wisconsin: A Premier Destination for Commercial Real Estate
Introduction
Hurley, Wisconsin, offers a unique and promising landscape for commercial real estate (CRE) investors and professionals. As a small city with a population of approximately 1,500, Hurley might not seem like a typical CRE hub at first glance. However, its strategic location in the Northwoods region, coupled with its robust local industries, positions it as a hidden gem in the commercial real estate market. The city's economy is primarily driven by tourism, forestry, and manufacturing, creating diverse opportunities for various property types.
Economic and Industry Overview
Hurley's economy is anchored by several key industries that significantly influence CRE demand:
- Tourism: As a gateway to numerous outdoor recreational activities, Hurley's tourism sector supports retail and hospitality properties.
- Forestry and Manufacturing: The presence of lumber mills and manufacturing plants drives demand for industrial and distribution properties.
- Regional Initiatives: Local economic development agencies, such as the Iron County Economic Development Agency, actively promote business growth and offer incentives to new and existing businesses.
Strategic Location and Transportation Infrastructure
Hurley's location provides logistical advantages for businesses and investors:
- Highways: Interstate 39 and U.S. Highway 51 connect Hurley to major markets in Wisconsin and beyond.
- Rail: Nearby rail lines offer freight services critical for manufacturing and distribution.
- Proximity to Borders: The city's location near the Wisconsin-Michigan border enhances its appeal for cross-state commerce.
For more detailed transportation information, visit the Wisconsin Department of Transportation.
Commercial Real Estate Inventory & Zoning
Hurley's CRE market includes diverse submarkets and asset classes:
- Submarkets: The Central Business District (CBD) and industrial corridors are key areas for investment.
- Asset Classes: The city offers industrial, retail, and office properties, with emerging opportunities in flex and medical spaces.
- Zoning and Incentives: Recent zoning changes and development incentives are available to encourage new projects. Explore Hurley's zoning maps for more details.
Major Employers and Institutions
Key employers and institutions that drive CRE demand include:
- Top Employers: Local manufacturing companies and tourism-related businesses.
- Educational Institutions: Nearby colleges and technical schools contribute to a skilled labor pool.
For a comprehensive list of employers, visit the Iron County Business Directory.
Notable Commercial Developments & Projects
Several significant developments are shaping Hurley's CRE landscape:
- Mixed-Use Projects: New mixed-use developments are revitalizing the downtown area.
- Opportunity Zones: Designated areas offer tax incentives for investors. More information can be found on the Wisconsin Opportunity Zones page.
Building Permits, Planning, and Development Tools
- City of Hurley Building and Safety Department
- Permitting Portals
- Parcel Map Viewer / GIS
- Planning Commission
- Development Code (PDF)
Market Data & Economic Reports
Access public data sets and economic reports to inform your investment decisions:
Brevitas leverages AI-powered aggregation from public data and internal insights. Explore Brevitas-powered dashboards for Hurley, Wisconsin here.
Why Use Brevitas for Hurley, Wisconsin CRE?
Brevitas offers a comprehensive platform for discovering and managing CRE opportunities in Hurley:
- AI-Driven Discovery: Real-time market alerts and smart property pages.
- Collaboration Tools: Dealroom collaboration, email, and landing page tools.
- Integration: Seamless integration with brokers and developers.
- Exclusive Listings: Access exclusive listings and premium exposure.
Maximize your investment potential in Hurley's CRE market with Brevitas.
