Grocery Retail Building with
New
For Sale
$350,000
727 Elm St, Woodruff, WI 54568
An attached prep kitchen and support areas complement the open retail floor and outdoor merchandising features.
Property Size1,455 SF
Price / SF$240.55
Days on Market3
Property Features for 727 Elm St
General Information
Standard status
Active
Size
1,455 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Amenities
office
storage areas
walk-in/walk-through cooler
two freezers
gas stove
refrigerator
security system
attached greenhouse
covered porch
shed
raised garden beds
exterior merchandising tables
Building Details
Year Built
2011
Listing Agency:
REDMAN REALTY GROUP, LLC
Listed By:
Pat Van Hefty · License #42266
(715) 892-0298
Source:
Dreamnorthre
Added: Oct 4
Last Checked: Oct 5 at 3:47PM
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 REDMAN REALTY GROUP, LLC
Investment Insights
Based on property information with market context.
This 1,455-square-foot grocery and convenience retail building was constructed in 2011. Its open retail area is lined with windows, with a distinct attached kitchen, office and storage areas. The property also includes a walk-in/walk-through cooler, two freezers, a gas stove, refrigerator and security system. An attached greenhouse, covered porch and shed add to the building’s physical configuration; raised garden beds and exterior merchandising tables are also on site. The sale covers the real estate only, with the noted fixtures and equipment included; the existing business name, operations and inventory are excluded.
The property is at 727 Elm St in Woodruff, Wisconsin, along State Hwy 51, with highway access and on-site parking. It is situated in a Northwoods tourism community among other established businesses.
The property is at 727 Elm St in Woodruff, Wisconsin, along State Hwy 51, with highway access and on-site parking. It is situated in a Northwoods tourism community among other established businesses.
Key Highlights
- 1,455‑square‑foot building constructed in 2011
- Open retail area with windows and a separate attached kitchen
- Walk‑in/walk‑through cooler, two freezers, gas stove, refrigerator and security system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,132
Cap Rate
5.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,640
$382.6K
Cap Rate 7%
$273,314
$273.3K
Cap Rate 9%
$212,578
$212.6K
Market Conditions
NOI Build-Up for 1,455 SF
Gross rent
$26.2K $18.00/SF
− Vacancy
−$681 −$0.47/SF
EGI
$25.5K $17.53/SF
− OpEx
−$6.4K −$4.38/SF
NOI
$19.1K $13.15/SF
Area
Oneida County, WI
Vacancy
2.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,640
Cap Rate 7%
$273,314
Cap Rate 9%
$212,578
Alternative Uses
Best Use
Specialty Retail
$273.3K
$239.2K – $318.9K
NOI $19,132 @ 7.0% cap · market cap 5.47%
Second Best
Retail
$187.1K
$163.7K – $218.3K
NOI $13,095 @ 7.0% cap · market cap 3.74%
Theoretical Best
Industrial
$681.0K
$595.9K – $794.5K
NOI $47,671 @ 7.0% cap · market cap 13.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
467
Businesses Nearby
50k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 38%
Shops & Services 32%
Home Improvements & Furnishings 29%
Culver's
Dining
19,281 visits/mo
0.1 miles
Woodruff Hardware Inc
Home Improvements & Furnishings
14,646 visits/mo
0.2 miles
BP
Shops & Services
13,672 visits/mo
0.3 miles
BMO Harris Bank
Shops & Services
1,409 visits/mo
0.3 miles
Advance Auto Parts
Shops & Services
1,204 visits/mo
0.1 miles
Demographics for 54568, WI
5,175
Population
3,855
Households
1.3
Avg Household Size
55
Median Age
36%
College-Educated
96%
High-School Grad
71.2 sq mi
ZIP Area
73
Density / Sq Mi
$71,944
Median Household Income
$45,337
Median Earnings
$791
Median Rent
$262,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - An attached prep kitchen and support areas complement the open retail floor and outdoor merchandising features.
Where is this grocery and convenience store located?
The property is located at 727 Elm St Woodruff, WI.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,455‑square‑foot building constructed in 2011; Open retail area with windows and a separate attached kitchen; Walk‑in/walk‑through cooler, two freezers, gas stove, refrigerator and security system
