Flexible Retail and Light Industrial
For Sale
$250,000
422 Broad St, Menasha, WI 54952
Flexible building with office areas, production/work space, and a loading dock off Highway 441 access.
Property Size3,500 SF
Price / SF$71.43
Days on Market142
Property Features for 422 Broad St
General Information
Standard status
Active
Size
3,500 SF
Additional Details
Highway Access
Yes
Building Details
Year Built
1970
Listing Agency:
Century 21 Ace Realty
Listed By:
Ryan J. Hawkins · License #9481654
(920) 378-6555
Source:
Moving2greenbay
Added: Jun 4
Changed: Oct 13
Last Checked: Oct 7 at 2:41PM
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 Century 21 Ace Realty
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Investment Insights
Based on property information with market context.
This flexible commercial building is approximately 3,500 sq ft and is set up with multiple office areas alongside production/work space. The interior also includes a kitchen/break area, two public restrooms, and a full lower level. A loading dock supports receiving and back-of-house operations, while onsite and street parking accommodates staff and visitors. The current layout is being used as a print shop, and the configuration is designed to support a range of commercial uses.
The property is located near downtown Menasha with convenient Highway 441 access, making it easier for customers, employees, and vendors to reach the site. Parking is available both onsite and along the street, which can help during day-to-day operations.
With office, service, retail, light production, contractor, studio, and owner-user business options described as workable in the existing layout, this building may fit tenants or buyers looking for a mixed-use environment under one roof. The combination of office space, production/work area, and loading access can support businesses that need both a customer-facing component and operational space.
The property is located near downtown Menasha with convenient Highway 441 access, making it easier for customers, employees, and vendors to reach the site. Parking is available both onsite and along the street, which can help during day-to-day operations.
With office, service, retail, light production, contractor, studio, and owner-user business options described as workable in the existing layout, this building may fit tenants or buyers looking for a mixed-use environment under one roof. The combination of office space, production/work area, and loading access can support businesses that need both a customer-facing component and operational space.
Key Highlights
- Approximately 3,500 sq ft commercial building built in 1970
- Includes multiple office areas plus production/work space for a variety of business uses
- Kitchen/break area and two public restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,327
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,540
$346.5K
Cap Rate 7%
$247,529
$247.5K
Cap Rate 9%
$192,522
$192.5K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$27.3K $7.80/SF
− Vacancy
−$2.5K −$0.73/SF
EGI
$24.8K $7.07/SF
− OpEx
−$7.4K −$2.12/SF
NOI
$17.3K $4.95/SF
Area
Winnebago County, WI
Vacancy
9.33%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$346,540
Cap Rate 7%
$247,529
Cap Rate 9%
$192,522
Alternative Uses
Best Use
Flex RnD
$442.0K
$386.8K – $515.7K
NOI $30,941 @ 7.0% cap · market cap 12.38%
Second Best
Industrial
$247.5K
$216.6K – $288.8K
NOI $17,327 @ 7.0% cap · market cap 6.93%
Theoretical Best
Office A
$755.4K
$661.0K – $881.3K
NOI $52,880 @ 7.0% cap · market cap 21.15%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
444
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
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Market
Vacancy Rate% for Industrial in Midwest region
Similar Off Market Nearby
- TT'z BBQ — 403 Racine St, Menasha, WI 54952
Frequently Asked Questions
What type of property is this?
Flex space - Flexible building with office areas, production/work space, and a loading dock off Highway 441 access.
Where is this flex space located?
The property is located at 422 Broad St Menasha, WI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Approximately 3,500 sq ft commercial building built in 1970; Includes multiple office areas plus production/work space for a variety of business uses; Kitchen/break area and two public restrooms
