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Property profile & analytics
OFF-MARKET
Commercial real estate

642 Main St Neenah, WI 54956-2472

618 SF 0.36 ac lot Built 1977
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US92-0918332
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1977
Total area 618 SF
Lot 0.36 ac (15,614 SF)
Zoning code C1;GENERAL COMMERCIAL
APN 04-0225-0100
UPID US92-0918332
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
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Nimrod Enterprises LLC · 1 yrs held
Nimrod Enterprises LLC
since 2025
Last sale
$100,000
7 recorded transactions
2025
$100,000
2022
$70,000
2017
$53,000
2017
Price N/A
2017
Price N/A
2014
$55,000
1969
Price N/A
Zoning & alternative use
C1;GENERAL COMMERCIAL · Neenah, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source PUBLIC/Parcel_Zoning (MapServer)
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