Technical
Financial
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Property profile

449 Ahnaip St Menasha, WI 54952

OFF-MARKET
Specialty properties
Property ID
US92-0752228
27,655 SF 1.21 ac lot
Individually Owned 1-yr Hold
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Property summary

AI-generated overview

This exceptional 27,655 square foot building presents a compelling redevelopment opportunity in Menasha, Wisconsin. Located at 449 Ahnaip St, 54952, this three-story structure sits on a 1.21-acre lot zoned C1 and R1, offering significant flexibility for future use. The property's history as the Nicolet School provides a unique foundation, featuring spacious classrooms, a gymnasium, and a library – ideal for adaptive reuse. The asking price is $385,000, translating to $13.92 per square foot. The building's substantial size and versatile zoning make it suitable for conversion into office space or apartments, catering to a variety of potential uses. This is a rare chance to acquire a substantial property with significant potential in a desirable location. Further enhancing the opportunity, four additional lots are available for separate purchase (pricing available upon request). A plat map is available for review. This property is perfect for an investor seeking a high-impact project with strong potential for return. Don't miss this chance to transform this historic building into a thriving modern asset.

Property profile

Verified
Property type Specialty properties
Total area 27,655 SF
Lot 1.21 ac (52,708 SF)
UPID US92-0752228

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

449 Ahnaip St Menasha, WI 54952
Menasha metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
2 recorded transactions
2025
$460,000
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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