150 Koeller St Oshkosh, WI 54902-4108
- Commercial real estate
- 7,408 SF
- 0.90 lot acres
Current Use by Public Records
- Verlo Mattress / Furniture & Home Goods
Property Details for 150 Koeller St
- Year built
- 1967
- Lot size
- 0.90 lot acres
- Property size
- 7,408 SF
- Zone code
- C2
- Property type
- Commercial real estate
- APN
- 06-11520300
- APU
- 611520300
Description
This exceptional 7,408 square foot shopping center, located at 150 N. Koeller Street in Oshkosh, Wisconsin, presents a compelling investment opportunity. Built in 1981, this single-story building sits on a 0.9-acre lot (APN: 90611520300) and boasts a strong tenant roster, including Enterprise Rent-A-Car and Verlo Mattress, both enjoying long-term leases. The property offers excellent visibility and accessibility, situated in Oshkosh's main retail corridor with convenient access to I-41, experiencing high traffic counts exceeding 76,000 vehicles per day. This prime retail area benefits from a dense concentration of residential, commercial, and healthcare facilities nearby. The property is zoned commercial, ensuring its suitability for continued retail operations. The asking price is $1,164,423.29, representing a compelling price per square foot of $157.18 and a 7.00% capitalization rate. This location on Koeller Street is considered one of Oshkosh's most desirable commercial addresses, offering significant potential for long-term growth and return on investment. The property's strong tenancy, prime location, and attractive financial metrics make it an ideal addition to any investment portfolio.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $900,000
- 6.5%
- $830,000
- 7%
- $770,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,047,000
- AI Estimate
- $1,121,000
Market price range: $376k - $1.05MMarket price range: $310k - $1.12M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $745,000 Current use
- RESTAURANT
- $965,000 Change: +29% Conversion: Difficult
- OFFICE BUILDING
- $720,000 Change: -3% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $675,000 Change: -9% Conversion: Moderate
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Oshkosh
- County
- Winnebago
- State
- Wisconsin
- Longitude
- -88.581
- Latitude
- 44.0199
- CBSA code
- 36780
- CBSA name
- OSHKOSH-NEENAH, WI METROPOLITAN STATISTICAL AREA