0 Wi-76 Neenah, WI 54956

This exceptional Neenah, WI commercial property presents a lucrative investment opportunity or redevelopment potential. The 20,862 square foot, single-story building sits on a generous 4.47-acre lot, offering ample parking and expansion possibilities. Currently housing five tenants in a multi-tenant configuration, the property boasts 100% occupancy with a strong NOI of $103,500, yielding a 7.39% cap rate. The asking price is $1,400,000 ($67.11/sq ft and $280,000/unit). The property features three loading docks and three dock-high doors, with varying ceiling heights. Zoned for commercial use, this Class C property is currently operating under NNN leases with month-to-month terms. Annual insurance costs are $3,000, and snow/grass maintenance is $4,000. The property's location in Clayton, Winnebago County, WI (zip code 54956) offers significant growth potential. Detailed lease information is available upon request. This is a rare chance to acquire a thriving, multi-tenant property in a developing area. The property's bar and restaurant subtypes provide a diverse tenant base, ensuring consistent income and long-term value.