306 Main St Reedsburg, WI 53959
- Retail properties
- 1,727 SF
- 0.38 lot acres
Current Use by Public Records
- Cenex / Gas Station / Convenience Store
- Sqrl / Gas Station
Property Details for 306 Main St
- Year built
- 1980
- Lot size
- 0.38 lot acres
- Property size
- 1,727 SF
- Property type
- Retail properties
- Property subtype
- Grocery and convenience stores
Description
This exceptional investment opportunity presents a 1,727-square-foot gas station and convenience store located at 306 East Main Street in Reedsburg, Wisconsin. Built in 1980 and renovated in 2023, this property sits on a 0.38-acre lot and benefits from a highly visible, signalized corner location at the intersection of Main Street and WI-33, boasting over 13,500 vehicles per day. The property features multiple points of access, ensuring convenient ingress and egress for customers. The absolute NNN lease structure provides a passive income stream with a 2% annual rent increase. This single-tenant operation has a strong history of serving the community for over 20 years, providing a secure investment with an open fuel supply. The asking price is $170,000, translating to $98.44 per square foot. Nearby national tenants include McDonald's, Arby's, Culver's, Subway, KFC, and Walgreens, further enhancing the property's desirability and potential for continued success. This is a value-add opportunity with a proven track record and significant upside potential. The property's prime location and established customer base make it an attractive investment for discerning buyers seeking a stable and profitable retail asset.
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
- Reedsburg
- County
- Sauk
- State
- Wisconsin
- Longitude
- -90.0063
- Latitude
- 43.5323
