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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1921 Shawano St New London, WI 54961

18,040 SF 2.71 ac lot Built 1990
Property ID
Property summary
AI-generated overview

This exceptional 18,040-square-foot retail space, formerly a Piggly Wiggly, presents a remarkable opportunity in New London, Wisconsin. Situated on a 2.71-acre lot at 1921 N Shawano St, 54961, this Class B property boasts 80 parking spaces and is zoned MP-0. Built in 1990, the building is currently vacant and offers significant potential for a variety of retail uses. The property benefits from a freshly resurfaced parking lot and enjoys high visibility due to its location on the north side of New London, with convenient access to Highways 45 and 54. The surrounding area features strong demographics, with a substantial population and household income, and includes major businesses such as Walmart, Tractor Supply Co., and Walgreens, ensuring high daily traffic counts. Utilities include water, sewer, gas, and electricity. Further expansion potential exists, with the possibility of adding approximately 6,400 square feet to the north side of the building. This prime commercial location offers an excellent chance for growth and success in a thriving business district. An interior walkthrough is available online.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1990
Total area 18,040 SF
Lot 2.71 ac (118,091 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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