101 Main St Black Creek, WI 54106
- Retail properties
- 3,592 SF
Current Use by Public Records
- Retail properties
Property Details for 101 Main St
- Property size
- 3,592 SF
- Property type
- Retail properties
- Property subtype
- Banks
Description
This 3,592 square foot retail property, located at 101 North Main Street in Black Creek, Wisconsin, presents a compelling value-add opportunity. Currently occupied by a BMO Bank under a triple-net lease expiring December 2025, generating $84,000 in annual rent, this property offers significant potential for a strong double-digit return on investment. The building is modern and well-maintained, situated on a landscaped lot in a high-visibility corner location in the heart of downtown Black Creek. Black Creek benefits from its proximity to Green Bay (25 miles), a metro area boasting over 106,000 residents. The average household income in the area surpasses $78,942, indicating a robust consumer base. This single-tenant property offers a unique chance to capitalize on a strong existing lease while planning for future uses. The asking price is $500,000, translating to $139.20 per square foot. This is an ideal investment for local businesses or investors seeking a stable income stream with significant upside potential. The property's prime location and strong tenant history make it a highly attractive investment prospect.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Black Creek
- County
- Outagamie
- State
- Wisconsin
- Longitude
- -88.4512
- Latitude
- 44.474
