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101 Ogden Rd Peshtigo, WI 54157

For Sale
$1,810,547

Peshtigo, WI Mixed-Use Investment

Property size:
27,000 SF

Description

Added:
Dec 11, 2024
Days on Market:
361
This exceptional mixed-use office complex, located at 101 N. Ogden Rd, Peshtigo, WI 54157, presents a compelling investment opportunity. The 27,000 square foot, single-story building boasts a Class B rating and sits on a spacious 10.44-acre lot. Constructed in 1997 and renovated in 1999, the property features 90 parking spaces and currently enjoys a 90% occupancy rate. The building is comprised of creative, executive, and traditional office spaces, currently leased under a gross lease structure to a mix of Wisconsin state agencies and other tenants. Leases are multi-tenant, with varying maturity dates, averaging 26 months to maturity including options, and include escalator clauses. The property offers a strong net operating income (NOI) of $155,492, resulting in an attractive 8.59% cap rate. The asking price is $1,810,547, translating to $67.06 per square foot. The property is well-suited for 1031 exchange investors. Property management services are available upon request. Note that this does not include ten leases currently in the renewal stage. The provided maturity data is based on historical information.

Property Features for 101 Ogden Rd

General Information

Property type
Office space
Square Feet
27,000 SF
Class
B
Lot Size
454,766 SF

Building Details

Year Built/Renovated
1997/1999
Stories
1

HighLights

  • Exceptional mixed‑use office complex in Peshtigo, WI, offering a strong investment opportunity.
  • 27,000 square foot, Class B building on a 10.44‑acre lot with 90 parking spaces.
  • 90% occupancy rate with a mix of Wisconsin state agencies and other tenants under gross leases.
  • Strong NOI of $155,492 and an 8.59% cap rate; asking price $1,810,547 ($67.06/SF).
  • Suitable for 1031 exchange investors; property management services available.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Peshtigo DMV Department Of Motor Vehicles Peshtigo River Delta ... Nature Preserve Wisconsin State Public ... Public Defender'S Office Peshtigo Service Center Government Office

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Peshtigo
County
Marinette
State
Wisconsin
Longitude
-87.7342264
Latitude
45.0561265

FAQs

What type of property is this?
Office space - Peshtigo, WI Mixed-Use Investment
Where is this office space located?
The property is located at 101 Ogden Rd Peshtigo, WI.
What is the asking price?
The asking price for this property is $1,810,547.
What are key features of this property?
This property features: Exceptional mixed-use office complex in Peshtigo, WI, offering a strong investment opportunity.; 27,000 square foot, Class B building on a 10.44-acre lot with 90 parking spaces.; 90% occupancy rate with a mix of Wisconsin state agencies and other tenants under gross leases.
More about this property
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