642 Main St Neenah, WI 54956-2472
This exceptional 618-square-foot commercial building at 642 Main Street in Neenah, Wisconsin presents a fantastic investment opportunity. Situated on a 0.36-acre lot, this free-standing structure boasts a prime location in the thriving downtown area, offering excellent visibility and accessibility. Recently renovated, the property features all-new electrical and a new panel, a new HVAC system (furnace and AC), fresh exterior paint, and updated flooring throughout. The interior layout is versatile and adaptable to a variety of commercial uses. Upon entering, you'll find a spacious reception/office/conference area to the left, and a smaller office space to the right. A large open room in the rear provides ample space for various configurations, complemented by a convenient half-bath. The property also includes a significant amount of on-site parking, a rare find in this desirable location. Its riverfront position adds to its unique appeal and potential. The motivated seller is eager to find the right buyer for this turnkey commercial property, making it an ideal opportunity for business owners seeking a move-in ready space or investors looking for a strong return. The asking price is $125,000.
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
C1;GENERAL COMMERCIAL · Neenah, WICosts & 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.