Mixed-Use
2142 Strongs Avenue Stevens Point, WI 54481
2142 Strongs Avenue, Stevens Point, WI, 54481
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For Sale
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For-sale mixed-use property offering 1,100 sq ft of space at 2142 Strongs Avenue.
Property Size1,100 SF
Price / SF$145.36
Days on Market31
Property Features for 2142 Strongs Avenue
General Information
- Standard status
- Active
- Size
- 1,100 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1910
Listing agency
Smart Move Realty, LLC
Listed by
Lilli Ann Walder · License #WI
Source
Crexi
Added: Jun 21 Updated: Jul 21 at 5:09AM Checked: Jul 21 at 5:09AM
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 Smart Move Realty, LLC
Investment Insights
Based on property information with market context.
This for-sale mixed-use property includes 1,100 sq ft of total space. The offering is listed for $159,900.
The property is located at 2142 Strongs Avenue in Stevens Point, Wisconsin (54481).
The property is located at 2142 Strongs Avenue in Stevens Point, Wisconsin (54481).
Key Highlights
- Mixed‑use property offering 1,100 sq ft at 2142 Strongs Avenue
- Built in 1910
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $23.8k | $21.60 |
| − Vacancy | −$1.9k | −$1.73 |
| EGI | $21.9k | $19.87 |
| − OpEx | −$8.2k | −$7.45 |
| NOI | $13.7k | $12.42 |
1,100 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$195.2K
$170.8K – $227.7K
NOI $13,662 @ 7.0% cap · market cap 8.54%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$214.1K
$187.3K – $249.8K
NOI $14,985 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Mixed-use properties
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FAQs
What type of property is this?
Mixed-use property - For-sale mixed-use property offering 1,100 sq ft of space at 2142 Strongs Avenue.
Where is this mixed-use property located?
The property is located at 2142 Strongs Avenue Stevens Point, WI.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Mixed‑use property offering 1,100 sq ft at 2142 Strongs Avenue; Built in 1910
