Manitowoc Retail Investment
For Sale
Contact for pricing
2525 Menasha Ave, Manitowoc, WI 54220
Retail property with tenants in place, generating monthly income.
Property Size3,360 SF
Lot Size0.81 Acres
Price / SF$65.48
Days on Market913
Property Features for 2525 Menasha Ave
General Information
Standard status
Active
Size
3,360 SF
Class
D
Total Parking Spaces
10
Lot size
0.81 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Gross
Investment Type
Owner/User
Net Operating Income
$16,300
Building Details
Year Built
1965
Year Renovated
2022
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Coldwell Banker Commercial AMH
(631) 903-3739
Listed By:
Anthony Briguglio · License #10491212878
Source:
Crexi
Added: Feb 29, 2024
Changed: Aug 22
Last Checked: Aug 29 at 6:40PM
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 Coldwell Banker Commercial AMH
Investment Insights
Based on property information with market context.
Located at 2525 Menasha Ave, Manitowoc, WI 54220, this property offers an investment opportunity with 3,360 sq. ft. of space on a 35,280 sq. ft. lot. The building, renovated in 2022, includes a full basement and features a mix of tile, vinyl, and wood floors, complemented by a composition roof. The property is currently occupied by tenants with a lease extending until 2025, generating a monthly rent of $1,600. Monthly expenses include $1,700 in taxes and $1,200 for insurance, resulting in a Net Operating Income (NOI) of $16,300. The property has a cap rate of 7.4%.
Key Highlights
- Existing tenants with lease in place until 2025, providing immediate income.
- Attractive 7.4% cap rate, indicating a strong return on investment.
- Net Operating Income (NOI) of $16,300.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
118
Businesses Nearby
22k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 83%
Home Improvements & Furnishings 17%
Kwik Trip
Shops & Services
16,978 visits/mo
0.1 miles
American Home & Garden Ace
Home Improvements & Furnishings
3,658 visits/mo
0.2 miles
Pomp's Tire Service
Shops & Services
599 visits/mo
0.1 miles
Caliber Collision
Shops & Services
277 visits/mo
0.2 miles
Demographics for 54220, WI
40,737
Population
18,942
Households
2.2
Avg Household Size
44
Median Age
24%
College-Educated
91%
High-School Grad
98.7 sq mi
ZIP Area
413
Density / Sq Mi
$65,188
Median Household Income
$40,791
Median Earnings
$790
Median Rent
$159,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail property with tenants in place, generating monthly income.
Where is this retail space located?
The property is located at 2525 Menasha Ave Manitowoc, WI.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Existing tenants with lease in place until 2025, providing immediate income.; Attractive 7.4% cap rate, indicating a strong return on investment.; Net Operating Income (NOI) of $16,300.
