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Freestanding Grocery Store Building
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1919 N Shawano St, New London, WI 54961

Retail facility with substantial parking and room for a building expansion.

Property Size18,040 SF
Lot Size2.71 Acres
Days on Market144

Property Features for 1919 N Shawano St

General Information

Standard status Active
Size 18,040 SF
Total Parking Spaces 80
Lot size 2.71 Acres
Property subtype Retail

Additional Details

Asking Price $995,000
Highway Access Yes

Building Details

Buildings 1
Listing Agency: Lee & Associates - Madison
Listed By: Blake George · License #WI 49445-90
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 2:20AM

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 Lee & Associates - Madison

Investment Insights

Based on property information with market context.

This 18,040-square-foot retail building occupies a 2.71-acre site in New London. The property previously operated as a Piggly Wiggly grocery store and includes approximately 80 parking stalls. The parking lot was resurfaced in 2019, and the north side of the building can accommodate a 6,400-square-foot expansion.

Located at 1919 N Shawano St, the property offers access to Highways 45 and 54. Its existing retail configuration, expansive parking area, and documented expansion capacity support continued grocery, convenience, or broader retail use, subject to applicable approvals.

Key Highlights

  • 18,040 Sq. Ft. retail building on a 2.71 Acre Lot
  • Previously operated as a Piggly Wiggly grocery store
  • Approximately 80 parking stalls

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Parking Lot & Garage Locksmith Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

131
Businesses Nearby
51k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Superstores 67% Home Improvements & Furnishings 17% Shops & Services 8% Hotels & Casinos 3%
Walmart Superstores
33,869 visits/mo 0.2 miles
Tractor Supply Co. Home Improvements & Furnishings
8,800 visits/mo 0.3 miles
Advance Auto Parts Shops & Services
1,509 visits/mo 0.4 miles
Cost Cutters Beauty & Spa
1,399 visits/mo 0.1 miles
Take 5 Oil Change Shops & Services
1,227 visits/mo 0.2 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?
Grocery and convenience store - Retail facility with substantial parking and room for a building expansion.
Where is this grocery and convenience store located?
The property is located at 1919 N Shawano St New London, WI.
What are key features of this property?
This property features: 18,040 Sq. Ft. retail building on a 2.71 Acre Lot; Previously operated as a Piggly Wiggly grocery store; Approximately 80 parking stalls
(608) 209-9990 Call to check price and availability
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