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    2001 Marathon Ave Neenah, WI 54957

    For Sale
    $16,900,000

    Real Estate - NEENAH, WI

    Property size:
    148,000 SF
    Lot size:
    17.25 Acres
    Days on Market:
    146
    Last Refresh:
    Dec 6 at 12:06 am

    Property Features for 2001 Marathon Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    I2
    APN
    02-0580-00-00
    Size
    148,000 SF
    Lot size
    17.25 Acres

    Utilities

    Heating system
    Varies by Unit (Heating)

    Building Details

    Year built
    1954
    Number of units
    63
    Building materials
    Stone
    Architectural style
    Other

    Keller Williams Green Bay [email protected]

    Listing agent Caleb W Hayes (920) 632-7702 License #90-56667

    Listing date Jul 14, 2025

    MLS# 50304873 Listing URL

    Copyright © 2025 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Neenah 55+ Apartment Community

    Marathon Flats is a 55+ apartment community located in Neenah, Wisconsin. The property features 61 fully renovated apartment units and two commercial spaces, one of which is under a long-term lease with Kimberly-Clark. Additionally, there are 42 storage units and 56 garages. Situated on 17.25 acres, the property was redeveloped in 2023-2024. The adaptive reuse conversion caters to the demand for senior housing. The property's zoning is I2. The site offers potential for future development of additional units.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Marathon Flats: 55 ... Retirement Community

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Neenah
    County
    Winnebago
    State
    Wisconsin
    Longitude
    -88.470802
    Latitude
    44.165771

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    FAQs

    What type of property is this?
    Apartment building - Premier 55+ apartment community with commercial spaces in Neenah, Wisconsin.
    Where is this apartment building located?
    The property is located at 2001 Marathon Ave Neenah, WI.
    What is the asking price?
    The asking price for this property is $16,900,000.
    What are key features of this property?
    This property features: - Premier 55+ apartment community in Neenah, Wisconsin.; - 61 fully renovated apartment units.; - Long-term lease with Kimberly-Clark for one of the two commercial spaces.
    (920) 632-7702
    Request Owner's contact information
    2001 Marathon Ave Neenah, WI 54957
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    Neenah, WI 54957
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2001 Marathon Ave Neenah, WI 54957
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