Turnkey Gas Station Convenience
721 Fremont St Kiel, WI 53042
721 Fremont St, Kiel, WI, 53042
$1,100,000
For Sale
$1,100,000
COMMERCIAL - Kiel, WI
Property Size5,880 SF
Lot Size1.20 Acres
Price / SF$187.07
Days on Market258
Property Features for 721 Fremont St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B1
- Standard status
- Active
- APN
- 05169001400100
- Size
- 5,880 SF
- Lot size
- 1.20 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 5128
Building Details
- Year built
- 1975
- Architectural style
- Other
Listing Agency
Century 21 Aspire Group
(920) 663-1200
822 S 8th St., Manitowoc, WI
Listed by
Brad Broecker · License #5888990
(920) 374-1282
Added: Nov 4, 2025 Updated: Jun 30 at 7:05 pm Checked: Jul 20 at 8:06 pm
MLS# 1941940
Listing URL
Copyright © 2026 Metro MLS. 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 turnkey gas station convenience store is set up for immediate operation and is offered with equipment necessary to continue the business as-is, with an oil agreement that is described as fully transferable. Fuel service is provided through two double pumps offering regular, midgrade, and premium fuels. The convenience store totals 5,880 square feet and includes hot food and pizza service areas, a coffee bar with sitting area, and public restrooms, along with additional local services. The site also features a large corner lot, a blacktop surface for vehicle use, and an outbuilding for additional storage. A new 34-by-45 gas canopy was added in 2023.
The property is located in the heart of the City of Kiel and is listed as less than two miles from State Highway 67.
For owner-operators or investors seeking an automotive fuel retail asset with an established convenience offering, the combination of turnkey equipment, on-site food service areas, and dedicated fuel infrastructure supports continued daily operations. The additional storage outbuilding and larger lot size may also support practical needs related to merchandising and future site expansion, subject to applicable requirements.
The property is located in the heart of the City of Kiel and is listed as less than two miles from State Highway 67.
For owner-operators or investors seeking an automotive fuel retail asset with an established convenience offering, the combination of turnkey equipment, on-site food service areas, and dedicated fuel infrastructure supports continued daily operations. The additional storage outbuilding and larger lot size may also support practical needs related to merchandising and future site expansion, subject to applicable requirements.
Key Highlights
- Gas station convenience store with 5,880 SF convenience store and hot food/pizza service areas
- Fuel program includes regular, midgrade, and premium from 2 double pumps
- Coffee bar with sitting area plus public restrooms
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
NOI $90,202 @ 7.0% cap · market cap 8.20%
Second Best
Retail
$1.09M
$950.1K – $1.27M
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 Analytics
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
Similar For Sale Nearby
FAQs
What type of property is this?
Gas station - Turnkey fueling and convenience retail with a large convenience store and hot food/pizza service areas on a corner lot.
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: Gas station convenience store with 5,880 SF convenience store and hot food/pizza service areas; Fuel program includes regular, midgrade, and premium from 2 double pumps; Coffee bar with sitting area plus public restrooms
