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    Gas Station Convenience Store Opportunity Title is generated by Realmo AI

    721 Fremont St, Kiel, WI 53042

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    For Sale
    $1,100,000

    Turn-key gas station and convenience store in Kiel, Wisconsin.

    Property size:
    5,880 SF
    Lot size:
    1.20 Acres
    Price / SF:
    $187/SF
    Added:
    Nov 5, 2025
    Days on Market:
    244
    Last Refresh:
    Jul 4 at 11:43 pm

    Property Features for 721 Fremont St

    General Information

    Standard status
    Active
    Size
    5,880 SF
    Lot size
    1.20 Acres

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    Brad Broecker
    Brad Broecker

    Listing office Century 21 Aspire Group

    Listing date Nov 5, 2025

    Source Exprealty

    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 Aspire Group

    HighLights

    • Turnkey gas station and convenience store operation with all necessary equipment included.
    • Large 5880 sq. ft. convenience store with hot food, pizza service areas, and coffee bar.
    • Transferable oil agreement in place.
    • New 34x45 gas canopy added in 2023.
    • Offers Regular, Midgrade, and Premium fuels from 2 double pumps.
    • Large corner lot with outbuilding for storage and expansion potential.

    Overview

    This gas station and convenience store is located in the city of Kiel, less than 2 miles from State Hwy 67. The property includes a 5,880 square foot convenience store with hot food and pizza service areas, a coffee bar with a sitting area, and public restrooms. It also offers additional local services. Fuel options include regular, midgrade, and premium, dispensed from two double pumps. A 34x45 gas canopy was added in 2023. The property features a large blacktop corner lot and an outbuilding for additional storage, along with a large lot for potential expansion. This is a turn-key operation with all equipment necessary to continue the business. The oil agreement is fully transferable.

    Local Financial Insights For Specialty Retail

    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 $123.5k $21.00
    − Vacancy −$3.2k −$0.55
    EGI $120.3k $20.45
    − OpEx −$30.1k −$5.11
    NOI $90.2k $15.34
    5,880 SF · lease $21.00/SF/yr · vacancy 2.60% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $1.29M
    $1.13M – $1.50M (±1% cap)
    NOI $90,202 @ 7.0% cap · market cap 8.20%
    Second Best
    Retail
    $1.09M
    $950.1K – $1.27M (±1% cap)
    NOI $76,010 @ 7.0% cap · market cap 6.91%
    Theoretical Best
    —
    —
    same as Best Use
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Citgo Gas Station KIEL FOOD AND GAS-HOT ... Restaurant CENEX Gas Station Clark Gas Station ATM Atm

    Suggested Use

    Law Firm Dental Office Hair Salon Big Box & Wholesale Store Daycare Center Kitchen & Bath Showroom Hotel & Motel Grocery & Convenience Store Auto Parts Store Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kiel
    County
    Manitowoc
    State
    Wisconsin
    Longitude
    -88.0407
    Latitude
    43.9123

    FAQs

    What type of property is this?
    Gas station - Turn-key gas station and convenience store in Kiel, Wisconsin.
    Where is this gas station located?
    The property is located at 721 Fremont St Kiel, WI.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: Turnkey gas station and convenience store operation with all necessary equipment included.; **Large 5880 sq. ft. convenience store** with hot food, pizza service areas, and coffee bar.; Transferable oil agreement in place.
    More about this property
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