501 S Douglas St - Retail FOR SALE


Appleton, WI 54914- Outer Appleton
$329,000 USD
920-570-3992
501 S Douglas St, Appleton, WI for Sale
$329,000 USD
Retail - FOR SALE
1/18
null | Request Cap Rate

501 S Douglas St
Appleton, WI 54914
Outer Appleton


HIGHLIGHTS

  • Furnaces Replaced in 2018/2026
  • Large Parking Lot
  • Income Producing Apartment

OVERVIEW

Well-located mixed-use commercial property in the heart of Appleton offering both owner-occupant and investment appeal. The 2,000SF, two-story building sits on approximately 0.23 acres and features abundant on-site parking. The main level is currently operated as a hair salon and offers a handicap-accessible commercial layout with strong visibility and flexible future use potential. The second floor consists of a 2-bedroom apartment, providing immediate supplemental income or the option for owner occupancy. Both units include in-unit washer and dryer, with gas and electric separately metered; water is paid by the landlord. Capital improvements include furnaces replaced in 2018 (main floor) and 2026 (upper apartment). The property has historically been well maintained and lends itself well to a variety of retail, service, or professional uses while maintaining residential income upstairs. An ideal opportunity for an owner-user looking to offset occupancy costs or an investor seeking a small, manageable mixed-use asset in a strong Appleton location.

FOR SALE DETAILS

PRICE

$329,000 USD

PRICE/SF

$165 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

501 S Douglas St Appleton

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

31-3-0066-00

ASK ABOUT THIS PROPERTY

Timothy CemanDrifka Group IncMore Info
920-570-3992

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

Timothy CemanDrifka Group IncMore Info
920-570-3992

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