101 W Hill St, Thorp, WI 54771
- Commercial real estate
- 0.71 lot acres
Current Use by Public Records
- bp / Gas Station
- McDonald's / Restaurant / Take-out & Catering
- Ace Oil Express Inc. / Grocery & Convenience Store
- ATM (Ace Oil Express Inc) / Atm
Property Details for 101 W Hill St
- Lot size
- 0.71 lot acres
- Property type
- Commercial real estate
- APN
- 286.0891.001
- APU
- 2860891001
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 21, 2023 | — | 4girlschill LLC | — | Deed · related | $2.6M · Royal Cu |
| Apr 10, 2023 | $3,200,000 | 101 W Hill St LLC | Standard Development Co LLC | Warranty Deed | $2.6M · Incrediblebank |
| Apr 5, 2023 | $2,085,000 | Standard Development Co LLC | Stanley A Lis JR | Warranty Deed | — |
Description
This exceptional owner-user opportunity features a thriving BP gas station and a high-performing McDonald's co-tenancy, situated on a 71.72-acre lot at 101 W Hill St, Thorp, WI 54771. The 5,742 square foot, single-story building, constructed in 1977 and renovated in 2019 and 2024, boasts a C-Commercial zoning classification. The property benefits from a strategic location along Highway 29, a major east-west corridor, and proximity to a highway interchange. The BP station recently underwent a $100,000 rebranding, and enjoys a long-term sales history. McDonald's also demonstrates strong performance in this location. Additional income potential exists through an attached car wash (requiring upgrades). The property includes approximately 30 surface parking spaces. The current convenience store operator is on a month-to-month lease, but the owner will consider long-term leases with qualified operators. The property's annual net operating income (NOI) is $960,000, encompassing both the BP/convenience store and McDonald's rental income. The area has experienced a 9% population increase since 2010, further supporting the property's strong investment potential. The property is conveniently located within a half-hour of Highway 53 and the Chippewa Valley Regional Airport. APN: 286-0891.000, 286-0891.001.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,275,000
- ML approach
- $3,265,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Thorp
- County
- Clark
- State
- Wisconsin
- Longitude
- -90.8009
- Latitude
- 44.9534
