304 Appleton St Appleton, WI 54911

Property Details for 304 Appleton St

Year built

1950

Lot size

0.20 lot acres

Property size

7,344 SF

Zone code

CBD

Property type

Commercial real estate

APN

31-2-0435-00

APU

312043500

Description

This exceptional commercial investment opportunity encompasses two buildings totaling 17,736 square feet, strategically located in Appleton, Wisconsin's thriving downtown area. The property consists of 304 and 300 N Appleton Street, offering significant income potential and prime street exposure. 304 N Appleton Street, a 5,904 square foot building, currently houses a successful law firm on the main level and three residential rental units upstairs (one 1-bedroom and two 2-bedroom apartments). These upstairs units are fully occupied, generating a combined monthly gross income of $3,325. This building also features a full basement. The second building, 300 N Appleton Street, offers 11,832 square feet of space. The main floor is currently vacant, presenting a unique opportunity for a new tenant or expansion. Upstairs, a large, updated 4-bedroom apartment commands a monthly rent of $1,800. Access to this building is available from both Appleton Street and Franklin Street. A full basement is also included in this building. Both buildings benefit from forced-air heating. A brand new partial roof was installed on 300 N Appleton Street in October 2024. This property presents a rare chance to acquire a substantial commercial holding in a rapidly growing downtown location with immediate income generation and significant upside potential. The combined square footage and diverse income streams make this an attractive investment for discerning buyers.