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    FOR SALE
    Commercial real estate

    2626 New Pinery Rd, Portage, WI 53901

    0.49 ac lot Built 2009
    Individually Owned 11-yr Hold Free & Clear
    Property ID
    US92-0168580
    Property summary
    AI-generated overview

    This exceptional 3,150 square foot commercial building, situated on a 0.49-acre lot at 2626 New Pinery Road in Portage, Wisconsin, presents a unique investment opportunity. Boasting 75 feet of street frontage on busy Highway 51 (New Pinery Road), this property offers unparalleled visibility and accessibility. Constructed in 2009, the building is in excellent condition, both inside and out, and is currently occupied by a well-established salon with a 40+ year history in the Portage area. The salon benefits from a strong customer base and excellent reputation. The sale includes all existing furniture, equipment, and inventory. The property features a spacious, well-maintained interior and ample paved parking in both the front and rear. This turnkey operation is ideal for a savvy investor seeking a profitable, established business with significant growth potential. Showings are available on Sundays and Mondays, all day, or weeknights after 6:00 pm. Interested parties must provide proof of funds or a pre-approval letter prior to scheduling a showing. Financial statements (P&L's) will be provided after the initial showing. The asking price for this remarkable property is $524,000.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 2009
    Lot 0.49 ac (21,475 SF)
    APN 11271-2477.C
    UPID US92-0168580
    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
    Current use
    Occupant on record · Public records
    • Salon 51 Hair Salon Nail Salon
    • Peregrine Falcon Therapeutic Massage & Healing Arts Alternative Medicine Practice Spa & Massage Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Lynette M Polkowske · 11 yrs held
    Lynette M Polkowske
    since 2015
    1 recorded transaction
    2015
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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