1027 S Main St Oshkosh, WI 54902
Two-story mixed-use property with commercial space and residential units.
Property Features for 1027 S Main St
General Information
- Standard status
- Active
- Size
- 5,395 SF
- Lot size
- 0.25 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1920
Listing office Berkshire Hathaway HomeServices Metro Realty
Listing date Feb 3, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Mixed‑use property provides diversified income potential with restaurant/bar space and three updated apartments.
- Restaurant/bar space is fully built‑out with full liquor license, commercial kitchen (equipment included), and seating for 120.
- Prime location near downtown Oshkosh, Wisconsin Herd arena, Riverwalk, and redevelopment activity.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $102.3k | $18.96 |
| − Vacancy | −$5.3k | −$0.99 |
| EGI | $97.0k | $17.97 |
| − OpEx | −$24.2k | −$4.49 |
| NOI | $72.7k | $13.48 |
