1375 N Shawano St - Flex FOR SALE


New London, WI 54961
$1,195,000 USD
920-570-3992
1375 N Shawano St, New London, WI for Sale
$1,195,000 USD
Flex - FOR SALE
1/29
null | Request Cap Rate

1375 N Shawano St
New London, WI 54961


HIGHLIGHTS

  • Four-building commercial asset on one parcel
  • Retail/flex + cold storage + mini storage mix
  • 39 income-producing storage units with upside
  • Owner-user or investment opportunity
  • Potential leaseback income from Seller
  • Strong visibility with ±10,500 VPD

OVERVIEW

Rare opportunity to acquire a multi-building commercial property featuring a mix of retail/flex space, cold storage, and income-producing mini storage units on a single parcel. This versatile asset offers strong upside for both investors and owner-users. The property includes approximately 20,020 SF across four buildings, situated on ±1.5 acres with excellent visibility along a corridor with traffic counts of ±10,500 vehicles per day. Improvements consist of a front retail/flex building with office, restroom, kitchenette, and open workspace, a large unheated cold storage building with overhead doors, and two mini storage buildings totaling 39 units in a variety of sizes. Gross income for storage units currently $2,400/month with upside. The current owner operates a business on-site and is open to leasing back the cold storage building, providing immediate income potential for a buyer. The storage component offers additional passive income with upside through lease-up and rent optimization. Recent improvements include newer roofs, reducing near-term capital expenditure. Note: Existing business and inventory is not included in the sale.

FOR SALE DETAILS

PRICE

$1,195,000 USD

PRICE/SF

$60 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mini Storage | Cold Storage | Retail/Flex

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5

LAND SF

65,340

ZONING

-

APN/PARCEL ID

33-01-70-120

ASK ABOUT THIS PROPERTY

Timothy CemanDrifka Group IncMore Info
920-570-3992

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Timothy CemanDrifka Group IncMore Info
920-570-3992

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.