Versatile Building with Shop
For Sale
$1,399,900
1610 W Wisconsin Ave, Appleton, WI 54914
9,900 SF building with shop, showroom, and fenced area.
Property Size9,856 SF
Price / SF$142.04
Days on Market202
Property Features for 1610 W Wisconsin Ave
General Information
Standard status
Active
Size
9,856 SF
Building Details
Year Built
1948
Listing Agency:
Century 21 Affiliated
Listed By:
Keith D. Sippel · License #91937810
(920) 707-0175
Source:
Heathergossen
Added: Mar 27
Changed: Oct 13
Last Checked: Oct 7 at 1:46PM
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 Affiliated
Investment Insights
Based on property information with market context.
This versatile building offers 9,900 square feet of main floor space with a shop area. The exterior features concrete construction and a fenced, enclosed area. The property includes both an exterior lot and an interior showroom. The shop space, approximately 4,800 square feet, is equipped with 14-foot overhead doors, 3-phase power, and six car lifts. A wash bay is also present. A paint booth was previously in place. The fenced yard is secured with two powered gates. A salt shed was constructed at an estimated cost of $100,000. The building also offers a walk-up storage area. The property is located with frontage on three streets, including N. Wisconsin Ave. in Appleton, benefiting from high traffic exposure.
Key Highlights
- High‑traffic location with frontage on three streets, including N. Wisconsin Ave.
- 9,900 sq ft of versatile main floor space with shop area and showroom.
- Shop area includes 6‑8 auto lifts, 14‑foot overhead doors, 3‑phase power, and a wash bay.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$127,408
Cap Rate
9.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,548,160
$2.5M
Cap Rate 7%
$1,820,114
$1.8M
Cap Rate 9%
$1,415,644
$1.4M
Market Conditions
NOI Build-Up for 9,856 SF
Gross rent
$186.9K $18.96/SF
− Vacancy
−$4.9K −$0.49/SF
EGI
$182.0K $18.47/SF
− OpEx
−$54.6K −$5.54/SF
NOI
$127.4K $12.93/SF
Area
Outagamie County, WI
Vacancy
2.60%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,548,160
Cap Rate 7%
$1,820,114
Cap Rate 9%
$1,415,644
Alternative Uses
Best Use
Retail
$1.82M
$1.59M – $2.12M
NOI $127,408 @ 7.0% cap · market cap 9.10%
Second Best
Industrial
$565.6K
$494.9K – $659.9K
NOI $39,592 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$2.72M
$2.38M – $3.17M
NOI $190,221 @ 7.0% cap · market cap 13.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54914, WI
31,082
Population
14,002
Households
2.2
Avg Household Size
38
Median Age
31%
College-Educated
93%
High-School Grad
19.2 sq mi
ZIP Area
1,619
Density / Sq Mi
$77,199
Median Household Income
$42,481
Median Earnings
$936
Median Rent
$210,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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Similar Off Market Nearby
- Neumans Auto Repair — 533 N Richmond St, Appleton, WI 54911
- Pomp's Tire Service — 1417 W Wisconsin Ave, Appleton, WI 54914
- Kelly Tires — 1352 W Summer St, Appleton, WI 54914
- Appleton Motorcars Sales & Service — 1221 W Wisconsin Ave, Appleton, WI 54914
- Templin's Automotive — 1119 N Mason St, Appleton, WI 54914
Frequently Asked Questions
What type of property is this?
Auto shop - 9,900 SF building with shop, showroom, and fenced area.
Where is this auto shop located?
The property is located at 1610 W Wisconsin Ave Appleton, WI.
What is the asking price?
The asking price for this property is $1,399,900.
What are key features of this property?
This property features: High‑traffic location with frontage on three streets, including N. Wisconsin Ave.; 9,900 sq ft of versatile main floor space with shop area and showroom.; Shop area includes **6‑8 auto lifts, 14‑foot overhead doors, 3‑phase power, and a wash bay.**
