1065 Racine Rd Menasha, WI 54952

This exceptional 11,500 square foot shopping center, located at 1065 Racine Rd in Menasha, Wisconsin, presents a compelling investment opportunity. Built in 1982 and extensively renovated between 2019 and 2020, the property boasts a Class B designation and sits on a 1.46-acre lot. Currently operating at 100% occupancy with seven units, the center generates a substantial Net Operating Income (NOI) of $66,047, yielding a strong 10.18% cap rate. The asking price is $649,000, translating to $56.43 per square foot. The property is zoned B-3 and benefits from excellent visibility and traffic counts due to its convenient location off Highway 441. This owner-user investment is a rare find, offering immediate cash flow and significant potential for future growth. The single-story building provides ample space for a variety of retail businesses. This is a turn-key operation ready for a new owner to step in and continue the success. Don't miss this chance to acquire a highly profitable retail property in a thriving Wisconsin market.