Renovated Office
302 & 304 Ohio St, Oshkosh, WI 54902
For Sale
Contact for pricing
Private offices, collaborative work areas, meeting rooms, and surface parking support a range of professional workspace needs.
Property Size12,500 SF
Price / SF$180
Days on Market28
Property Features for 302 & 304 Ohio St
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Condition
Utilities to Site
Tenant in Place
Property Use
Building Details
Year Built
Buildings
Building Size
Listing Agency:
First Weber Group Oshkosh
Listed By:
Alex Oberthaler · License WI 81160-94
Source:
Crexi
Added: Oct 15
Changed: Nov 8
Last Checked: Nov 10 at 8:25AM
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 First Weber Group Oshkosh
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Investment Insights
Based on property information with market context.
This renovated office property encompasses approximately 12,500 square feet across 302 and 304 Ohio Street. Built in 1962 and substantially improved in recent years, the building offers private offices, open work areas, conference and meeting rooms, and support space. Municipal utilities and rooftop forced-air heating and cooling serve the property, with surface parking available on site. Zoning is RMU-PD Riverfront Mixed Use Planned District.
At 304 Ohio Street, Covetrus Software Services, LLC occupies approximately 3,000 rentable square feet under a lease running through December 31, 2027; the company has expressed interest in a new lease. The remaining area offers additional space for occupancy or leasing. The property is near Downtown Oshkosh and the University of Wisconsin–Oshkosh, with access to the surrounding commercial and employment districts.
At 304 Ohio Street, Covetrus Software Services, LLC occupies approximately 3,000 rentable square feet under a lease running through December 31, 2027; the company has expressed interest in a new lease. The remaining area offers additional space for occupancy or leasing. The property is near Downtown Oshkosh and the University of Wisconsin–Oshkosh, with access to the surrounding commercial and employment districts.
Key Highlights
- Approximately 12,500 square feet of gross building area
- Covetrus Software Services, LLC occupies approximately 3,000 rentable square feet at 304 Ohio Street
- Existing lease runs through December 31, 2027; tenant has indicated interest in a new lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$141,750
Cap Rate
6.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,835,000
$2.8M
Cap Rate 7%
$2,025,000
$2.0M
Cap Rate 9%
$1,575,000
$1.6M
Market Conditions
NOI Build-Up for 12,500 SF
Gross rent
$225.0K $18.00/SF
− Vacancy
−$36.0K −$2.88/SF
EGI
$189.0K $15.12/SF
− OpEx
−$47.3K −$3.78/SF
NOI
$141.8K $11.34/SF
Area
Winnebago County, WI
Vacancy
16.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,835,000
Cap Rate 7%
$2,025,000
Cap Rate 9%
$1,575,000
Alternative Uses
Best Use
Office B
$2.03M
$1.77M – $2.36M
NOI $141,750 @ 7.0% cap · market cap 6.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.70M
$2.36M – $3.15M
NOI $188,856 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
664
Businesses Nearby
Explore this area
Business Placement
Demographics for 54902, WI
22,309
Population
10,800
Households
2.1
Avg Household Size
40
Median Age
27%
College-Educated
94%
High-School Grad
35.0 sq mi
ZIP Area
637
Density / Sq Mi
$64,548
Median Household Income
$41,592
Median Earnings
$859
Median Rent
$163,900
Median Home Value
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Market
Properties on Market for Office buildings in Winnebago County
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office building - Private offices, collaborative work areas, meeting rooms, and surface parking support a range of professional workspace needs.
Where is this office building located?
The property is located at 302 & 304 Ohio St Oshkosh, WI.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Approximately 12,500 square feet of gross building area; Covetrus Software Services, LLC occupies approximately 3,000 rentable square feet at 304 Ohio Street; Existing lease runs through December 31, 2027; tenant has indicated interest in a new lease
