Downtown Office
321 Main Ave De Pere, WI 54115
New
321 Main Ave, De Pere, WI, 54115
$338,000
For Sale
$338,000
Office property with three distinct units connected by a main hallway, each featuring its own restroom.
Property Size2,526 SF
Price / SF$133.81
Days on Market2
Property Features for 321 Main Ave
General Information
- Standard status
- Active
- Size
- 2,526 SF
Building Details
- Year Built
- 1930
Listing agency
Providence Real Estate, LLC
(920) 632-7702
Listed by
Jennifer R. Dittmann · License #9058096
Source
Smartteamhomes
Added: Jul 21 Updated: Jul 22 at 8:51AM Checked: Jul 22 at 8:51AM
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 Providence Real Estate, LLC
Investment Insights
Based on property information with market context.
This downtown De Pere office property offers a flexible interior configuration with a main hallway connecting up to three distinct units. Each unit is equipped with its own restroom, supporting a straightforward, self-contained layout.
Access is available from Main Ave, with additional convenience from Nicolet Square via a back entrance.
The building is offered for sale as a commercial property containing multiple office units with separate restroom amenities.
Access is available from Main Ave, with additional convenience from Nicolet Square via a back entrance.
The building is offered for sale as a commercial property containing multiple office units with separate restroom amenities.
Key Highlights
- Office property built in 1930 in Downtown De Pere
- Three distinct units connected by a main hallway
- Each unit has its own restroom
Local Financial Insights For Office B
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 | $45.5k | $18.00 |
| − Vacancy | −$6.4k | −$2.52 |
| EGI | $39.1k | $15.48 |
| − OpEx | −$9.8k | −$3.87 |
| NOI | $29.3k | $11.61 |
2,526 SF · lease $18.00/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$419.0K
$366.6K – $488.8K
NOI $29,327 @ 7.0% cap · market cap 8.68%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.11M
$1.85M – $2.46M
NOI $147,856 @ 7.0% cap · market cap 43.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Find Your Ki
Alternative Medicine Practice
Skyline Salon
Hair Salon
facials peels microdermabrasion ...
Spa & Massage Center
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FAQs
What type of property is this?
Office units - Office property with three distinct units connected by a main hallway, each featuring its own restroom.
Where is this office units located?
The property is located at 321 Main Ave De Pere, WI.
What is the asking price?
The asking price for this property is $338,000.
What are key features of this property?
This property features: Office property built in 1930 in Downtown De Pere; Three distinct units connected by a main hallway; Each unit has its own restroom
