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Multi-Unit Strip Mall with Vacancy
For Sale
$1,100,000

1200 N Shawano Street, New London, WI 54961

Multi-unit strip mall in New London with multiple established tenants and one vacant unit, supported by on-site parking.

Property Size15,500 SF
Price / SF$70.97
Days on Market77

Property Features for 1200 N Shawano Street

General Information

Standard status Active
Size 15,500 SF

Taxes and HOA fees

Annual Taxes $6,696

Building Details

Tenancy Multi
Listing Agency: Century 21 Ace Realty
Listed By: Sandra DuFrane
Source: Exprealty
Added: Jun 9 Changed: Aug 24 Last Checked: Aug 23 at 1:30PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Ace Realty

Investment Insights

Based on property information with market context.

This well-maintained strip mall offers a multi-unit retail configuration totaling nearly 15,500 square feet. The tenant lineup includes Family Fitness anchoring Units 1 and 3, Subway in Unit 2, a Vape Shop in Unit 5, and Fox Valley Trailer Sales in Units 6 and 7, with Unit 4 currently vacant. Leases and related information are available through the listing agent, and the property is presented with CAM fees described as in place.

The property is located at 1200 N Shawano Street in New London, Wisconsin, in the New London business district. Remarks indicate plenty of parking for the units and reference the area’s traffic as a key factor.

Please do not enter the premises without an agent present.

Key Highlights

  • Nearly 15,500 SF commercial strip mall built in 1985
  • 5‑unit strip mall in the New London Business District with established tenant lineup
  • Anchors include Family Fitness (Unit 1 and Unit 3) and Subway New London (Unit 2)

Property Analytics

Current Use

New London Total ... Gym & Fitness Center Subway Take-out & Catering Fox Valley Trailer ... Car Dealership WIKID Wrestling Club Gym & Fitness Center Family Flippers, LLC Discount Store

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

184
Businesses Nearby
90k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 55% Dining 32% Home Improvements & Furnishings 10% Hotels & Casinos 2%
Kwik Trip Shops & Services
31,059 visits/mo 0.2 miles
McDonald's Dining
18,371 visits/mo 0.1 miles
Tractor Supply Co. Home Improvements & Furnishings
8,800 visits/mo 0.4 miles
Dollar Tree Shops & Services
8,463 visits/mo 0.2 miles
Taco Bell Dining
7,310 visits/mo 0.1 miles

Demographics for 54961, WI

14,122
Population
6,249
Households
2.3
Avg Household Size
43
Median Age
18%
College-Educated
91%
High-School Grad
124.1 sq mi
ZIP Area
114
Density / Sq Mi
$71,337
Median Household Income
$43,960
Median Earnings
$841
Median Rent
$196,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Multi-unit strip mall in New London with multiple established tenants and one vacant unit, supported by on-site parking.
Where is this strip mall located?
The property is located at 1200 N Shawano Street New London, WI.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Nearly 15,500 SF commercial strip mall built in 1985; 5‑unit strip mall in the New London Business District with established tenant lineup; Anchors include Family Fitness (Unit 1 and Unit 3) and Subway New London (Unit 2)
More about this property
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