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    2009 Memorial Dr Appleton, WI 54915

    For Sale
    $1,100,000

    Prime Appleton location, fully remodeled.

    Property size:
    9,988 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This fully remodeled, two-story office building in Appleton, Wisconsin, presents a compelling owner-user or investment opportunity. Boasting 9,988 square feet of space (8,588 net rentable), this property is situated on a 0.96-acre lot with 49 parking spaces, offering ample room for staff and clients. The building features a durable brick exterior and enjoys high visibility at a prime intersection with easy access to Highway 441 and the Fox Valley area. Previously used as a medical office, the building is equipped with modern zoned heating and air conditioning, plumbing throughout, and an elevator. The interior has been completely renovated, including a main level lobby and shared conference room, and multiple bathrooms on both the main and lower levels. Currently, one tenant occupies approximately 1,350 square feet, generating rental income under a gross lease agreement with a remaining term of approximately 1.6 years (lease expires June 30, 2026). The property is zoned commercial and includes three separate APNs: 31-8-2200-00, 31-4-1029-00, and 31-4-1030-00. This turnkey property is ideal for businesses seeking a well-equipped space in a desirable location. The asking price is $1,100,000.

    Property Features for 2009 Memorial Dr

    General Information

    Property type
    Medical offices
    Square Feet
    9,988 SF
    Lot Size
    41,818 SF

    Building Details

    Year Renovated
    1
    Buildings
    1
    Stories
    2

    HighLights

    • $1,100,000 asking price for a fully remodeled, 9,988 sq ft office building.
    • Prime Appleton, WI location with high visibility and easy Highway 441 access.
    • 49 parking spaces on a 0.96‑acre lot.
    • Two‑story building with elevator access, zoned HVAC, and multiple bathrooms.
    • Currently has two tenants with a 1.6‑year remaining lease term generating rental income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kiecker Emmy Physical Therapist Magnolia Skin & Beauty Spa Arched ink Permanent Make-Up Clinic Clean Slate Aesthetics ... Beauty Salon Dr. Dean A. Gruner, ... Family Practice Physician

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Appleton
    County
    Winnebago
    State
    Wisconsin
    Longitude
    -88.415718771931
    Latitude
    44.243387594525

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    FAQs

    What type of property is this?
    Medical office - Prime Appleton location, fully remodeled.
    Where is this medical office located?
    The property is located at 2009 Memorial Dr Appleton, 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: $1,100,000 asking price for a fully remodeled, 9,988 sq ft office building.; Prime Appleton, WI location with high visibility and easy Highway 441 access.; 49 parking spaces on a 0.96-acre lot.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2009 Memorial Dr Appleton, WI 54915
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