Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Downtown Shawano Retail Center Title is generated by Realmo AI

    212 E Green Bay St, Shawano, WI

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Fully leased retail center with long-term tenants and upside potential.

    Type:RETAIL
    Property size:
    15,238 SF
    Lot size:
    1.04 Acres
    Price / SF:
    $96/SF
    Added:
    Jun 26, 2025
    Days on Market:
    331
    Last Refresh:
    Apr 5 at 9:33 pm

    Property Features for 212 E Green Bay St

    General Information

    Standard status
    Active
    Size
    15,238 SF
    Lot size
    1.04 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Greg Hedrich

    Listing agent Greg Hedrich

    Listing office NAI Pfefferle

    Listing date Jun 26, 2025

    Source Moodyscre

    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 NAI Pfefferle

    HighLights

    • Solid investment anchored by established regional and multilocation tenants such as Miracle‑Ear and Advanced Physical Therapy
    • Below‑market rents listed at $96.80 PSF offer significant upside potential
    • Long‑term occupancy stability, with an average tenant tenure of 13.38 years
    • Strong estimated debt service coverage ratio of 1.38
    • Seller Financing Available up to $250K at 6% Interest Rate!
    • Excellent visibility and convenient access via multiple ingress and egress points

    Overview

    This retail center is located in downtown Shawano. It is fully leased and anchored by long-standing tenants, with an average occupancy exceeding 13 years, providing stable cash flow. The property has multiple access points and strong visibility. The retail center features below-market rents, presenting a clear path for upside through strategic rent adjustments. The property is anchored by established regional and multilocation tenants such as Miracle-Ear and Advanced Physical Therapy. The property size is 15238 square feet. The average tenant tenure is 13.38 years. The estimated debt service coverage ratio is 1.38. The property has excellent visibility and convenient access via multiple ingress and egress points.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Shawano
    County
    Shawano
    State
    Wisconsin
    Longitude
    -88.6072
    Latitude
    44.7818

    Nearby Similar for Sale

    • $485,000

      Historic Farmhouse on Two Acres

      Beautifully maintained 6-bedroom farmhouse on 2 acres in Shawano.
      W7553 Belle Plaine Ave, Shawano, WI 54166
      View Details
    • $1,490,000
      5,846 SF

      Two Car Washes For Sale

      Two cash flowing car washes in Wisconsin for sale.
      1272 E GREEN BAY STREET, Shawano, WI 54166
      View Details
    • Contact for pricing

      Walgreens Investment Property For Sale

      Absolute NNN Walgreens in Shawano, WI with drive-thru.
      401 E Green Bay St, Shawano, WI 54166
      View Details
    • $180,000
      2,132 SF

      Tenant-Occupied Duplex Near Downtown Shawano

      Turn-key duplex on corner lot near schools and downtown.
      516 East Randall Street, Shawano, WI 54166
      View Details
    • $399,900
      6,160 SF

      Established Restaurant with Income Potential

      Restaurant with apartments and retail space for sale.
      220 South Main Street, Shawano, WI 54166,
      View Details
    • $7
      23,120 SF

      Prime Retail Space in Shawano

      Large building with parking and display area in Shawano.
      1313 E GREEN BAY STREET, Shawano, WI 54166
      View Details
    • $8
      2,440 SF

      Highway 22 Commercial Spaces Available

      Commercial spaces available on Highway 22, Shawano, Wisconsin.
      N4531 STATE HIGHWAY 22, Shawano, WI 54166
      View Details
    • $1,324,663
      7,700 SF

      Shawano Office Building For Sale

      Office building in Shawano, WI with State of WI leases.
      1340 E Green Bay St, Shawano, WI 54166
      View Details

    FAQs

    What type of property is this?
    Shopping center - Fully leased retail center with long-term tenants and upside potential.
    Where is this shopping center located?
    The property is located at 212 E Green Bay St Shawano, WI.
    What is the asking price?
    The asking price for this property is $1,475,000.
    What are key features of this property?
    This property features: Solid investment anchored by established regional and multilocation tenants such as Miracle‑Ear and Advanced Physical Therapy; Below‑market rents listed at $96.80 PSF offer significant upside potential; Long‑term occupancy stability, with an average tenant tenure of 13.38 years
    (920) 968-4700 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Greg Hedrich
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    212 E Green Bay St, Shawano, WI
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!