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    304 Appleton St Appleton, WI 54911

    For Sale
    $2,200,000

    Two buildings, 17,736 sq ft, high income potential

    Property size:
    17,736 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial investment opportunity encompasses two buildings totaling 17,736 square feet, strategically located in Appleton, Wisconsin's thriving downtown area. The property consists of 304 and 300 N Appleton Street, offering significant income potential and prime street exposure. 304 N Appleton Street, a 5,904 square foot building, currently houses a successful law firm on the main level and three residential rental units upstairs (one 1-bedroom and two 2-bedroom apartments). These upstairs units are fully occupied, generating a combined monthly gross income of $3,325. This building also features a full basement. The second building, 300 N Appleton Street, offers 11,832 square feet of space. The main floor is currently vacant, presenting a unique opportunity for a new tenant or expansion. Upstairs, a large, updated 4-bedroom apartment commands a monthly rent of $1,800. Access to this building is available from both Appleton Street and Franklin Street. A full basement is also included in this building. Both buildings benefit from forced-air heating. A brand new partial roof was installed on 300 N Appleton Street in October 2024. This property presents a rare chance to acquire a substantial commercial holding in a rapidly growing downtown location with immediate income generation and significant upside potential. The combined square footage and diverse income streams make this an attractive investment for discerning buyers.

    Property Features for 304 Appleton St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    17,736 SF
    Lot Size
    14,375 SF

    Building Details

    Year Built
    1941
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Fitzgerald Law Firm Employment Attorney Attorney Rachel Fitzgerald Employment Attorney

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Appleton
    County
    OUTAGAMIE
    State
    Wisconsin
    Longitude
    -88.40712
    Latitude
    44.26429

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    FAQs

    What type of property is this?
    Commercial real estate - Two buildings, 17,736 sq ft, high income potential
    Where is this commercial real estate located?
    The property is located at 304 Appleton St Appleton, WI.
    What is the asking price?
    The asking price for this property is $2,200,000.
    (920) 993-7007
    Request Owner's contact information
    304 Appleton St Appleton, WI 54911
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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
    304 Appleton St Appleton, WI 54911
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