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2516 Neva Rd Antigo, WI 54409

Sponsored
For Sale
$375,000

High-Yield Auto Center & Retail Space

Property size:
6,000 SF

Description

Added:
Feb 3, 2025
Days on Market:
354
This exceptional investment opportunity presents a 6,000 square foot commercial building located at 2516 Neva Road in Antigo, Wisconsin. The property comprises two distinct units: a thriving auto parts retail store and a fully operational automotive service center. Each unit contributes to a substantial annual rental income, currently generating approximately $40,000 per year under triple net leases. The property features a convenient blacktopped parking area accommodating roughly twelve vehicles, ensuring ample space for customers and employees. This turnkey investment offers immediate passive income potential, with the rental income effectively covering the initial investment over time, leading to a strong monthly cash flow once the initial purchase price is recouped. The building's strategic location in Antigo, Wisconsin, provides excellent visibility and accessibility. This is a rare chance to acquire a well-established commercial property with a proven track record of generating consistent rental income. The seller also has a separate 8,500 square foot building in Rhinelander available for purchase, presenting a potential opportunity for acquiring a larger portfolio. This Antigo property is priced at $375,000 and represents a compelling investment for those seeking a stable and profitable commercial real estate asset.

Property Features for 2516 Neva Rd

General Information

Property type
Other commercial real estate
Square Feet
6,000 SF

Building Details

Year Built
1977

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Listing Contact
RON WELNETZ

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Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center Building Supply

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

Location Insight

  • Map
  • Local Demand
City
Antigo
County
LANGLADE
State
Wisconsin
Longitude
-89.14849
Latitude
45.1667

FAQs

What type of property is this?
Commercial real estate - High-Yield Auto Center & Retail Space
Where is this commercial real estate located?
The property is located at 2516 Neva Rd Antigo, WI.
What is the asking price?
The asking price for this property is $375,000.
More about this property
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