2933 New Pinery Rd Portage, WI 53901-9226
This exceptional investment opportunity presents a 4,914 square foot, single-story retail building situated on a one-acre lot in Portage, Wisconsin. The property, built in 1995 and boasting 100% occupancy, comprises four units currently leased to a diverse tenant mix including Subway and Cost Cutters, along with a vape shop and a massage therapy business. Located at 2933 New Pinery Rd, 53901, this prime commercial property benefits from a highly visible location on Highway 51, just blocks from an Interstate interchange, placing it within the heart of Portage's retail corridor. Its strategic placement opposite a KwikTrip gas station ensures maximum exposure to high traffic volume. The property is zoned for commercial use and offers a strong rental income stream, making it an ideal acquisition for investors seeking a stable, high-demand asset. The asking price is $820,000, translating to $166.87 per square foot. The property's APN is 11271 3138.A. This multi-tenant retail center presents a compelling opportunity to capitalize on a thriving commercial market. The building's solid construction and established tenancy provide immediate cash flow and long-term growth potential. Don't miss this chance to acquire a proven, high-performing retail investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.