Flex Space with Overhead
New
For Sale
$229,000
344 CHUTE Street, Menasha, WI 54952
Commercial Sale, MENASHA, WI
Property Size1,955 SF
Lot Size0.18 Acres
Price / SF$117.14
Days on Market1
Property Features for 344 CHUTE Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
c-2
Elementary school district
Menasha
Middle school district
Menasha
High school district
Menasha
Directions
From main st turn northwest onto chute st.
Standard status
Active
APN
2-00120-00
Lot size
0.18 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3066
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
dedicated parking lot
overhead door
Building Details
Year built
1986
Number of units
1
Building materials
Brick
Listing Agency:
Expert Real Estate Partners, LLC
(920) 903-1600
Listed By:
Deanna M. Van Thiel
(920) 574-4412
Added: Oct 6
Last Checked: Oct 6 at 8:06PM
MLS# 50333768
Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 1986 flex space in downtown Menasha has brick construction and an overhead door. The building is served by forced-air heat and central air conditioning, with public water and sewer. A dedicated parking lot is included. The property is zoned C-2.
Key Highlights
- Overhead door provides building access
- Dedicated parking lot
- Brick construction; built in 1986
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,783
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,660
$375.7K
Cap Rate 7%
$268,329
$268.3K
Cap Rate 9%
$208,700
$208.7K
Market Conditions
NOI Build-Up for 1,955 SF
Gross rent
$29.3K $15.00/SF
− Vacancy
−$2.5K −$1.28/SF
EGI
$26.8K $13.73/SF
− OpEx
−$8.0K −$4.12/SF
NOI
$18.8K $9.61/SF
Area
Winnebago County, WI
Vacancy
8.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$375,660
Cap Rate 7%
$268,329
Cap Rate 9%
$208,700
Alternative Uses
Best Use
Retail
$268.3K
$234.8K – $313.1K
NOI $18,783 @ 7.0% cap · market cap 8.20%
Second Best
Flex RnD
$246.9K
$216.0K – $288.1K
NOI $17,283 @ 7.0% cap · market cap 7.55%
Theoretical Best
Office A
$422.0K
$369.2K – $492.3K
NOI $29,537 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
417
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 54952, WI
27,216
Population
12,412
Households
2.2
Avg Household Size
39
Median Age
25%
College-Educated
93%
High-School Grad
28.1 sq mi
ZIP Area
969
Density / Sq Mi
$67,280
Median Household Income
$44,765
Median Earnings
$906
Median Rent
$190,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Midwest region
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Similar Off Market Nearby
- TT'z BBQ — 403 Racine St, Menasha, WI 54952
Frequently Asked Questions
What type of property is this?
Flex space - The brick building includes a dedicated parking lot, central air conditioning, and forced-air heat.
Where is this flex space located?
The property is located at 344 CHUTE Street Menasha, WI.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Overhead door provides building access; Dedicated parking lot; Brick construction; built in 1986
