754 E Main St - Convenience Store FOR SALE


Mondovi, WI 54755
$79,000 USD
305-206-1286
754 E Main St, Mondovi, WI for Sale
$79,000 USD
Convenience Store - FOR SALE
1/11
null | Request Cap Rate

754 E Main St
Mondovi, WI 54755


HIGHLIGHTS

  • ABSOLUTE $1 AUCTION | Former Speedway Convenience Store | 7K VPD | Mondovi, WI | AUCTION NOVEMBER 17-19, 2025
  • Freestanding Former Speedway Convenience Store in Mondovi, WI with 7,448 VPD Traffic Counts
  • 10% Population Growth from 2020-2024 and 3.72% Future Growth Projected from 2024-2029 (5-Mile)
  • Hard Corner with Strategic Highway Frontage and Visibility on E Main Street in Strong Commercial Corridor
  • Surrounding Traffic Generators: Dollar Tree, Family Dollar, Carquest Auto Parts, Kwik Trip, Dollar General, U-Haul
  • Attractive Demographics with Annual Household Income of ±$77,517 (10-Mile)

OVERVIEW

Marcus & Millichap is pleased to present the opportunity to acquire a vacant, free-standing retail building located at 754 E Main Street, in Mondovi, Buffalo County, Wisconsin (the “Property”). Previously occupied by Speedway, the Property is being offered significantly below replacement cost, presenting an attractive opportunity for owner-users or investors to acquire a well-located commercial asset with meaningful value enhancement potential. FIRST BID MEETS RESERVE! Built in 1969, the one-story, free-standing vacant convenience store includes ±1,252 square feet of retail space, 2 sheds, and features a pylon sign. The Property is strategically positioned on a parcel totaling ±1.118 acres of land with 5 surface parking spaces and can be accessed via several points of ingress/egress. Zoned C-1, Local Commercial District, the Property allows for a variety of commercial uses, providing flexibility for redevelopment or alternative tenant types. This former convenience store provides an outstanding opportunity for investors to capitalize on strong market fundamentals, with potential for value-add through long-term lease-up at market rates (CoStar estimates retail rents at ±$9-$10/SF NNN). The gas pumps and underground storage tanks were removed by the previous tenant, who provided closeout documentation. Mondovi, Wisconsin is a small but vibrant city in Buffalo County, offers strategic visibility along U.S. Highway 10, making it an attractive corridor for retail and service-oriented commercial development. The city supports a stable business environment with an established mix of local retailers, professional services, and agricultural supply businesses. Mondovi’s walkable downtown and proximity to Eau Claire expand its regional trade potential. The Property is prominently situated along East Main Street with ±7,448 vehicles per day at the corner of Joel Street, a central corridor in Mondovi offering strong visibility and accessibility for retail or service-oriented users. Nearby traffic drivers include Dollar Tree, Family Dollar, Carquest Auto Parts, Kwik Trip, Dollar General, U-Haul. Within a 10-mile trade area, the population totals approximately ±9,359 residents, with an average household income of ±$77,517. The 5-mile population has experienced 10.41% growth from 2020-2024 with 3.72% growth expected to continue through 2029. Mondovi’s strategic location along US-10, its proximity to retail and its accessible site layout make this Property a strong candidate for repositioning or re-tenanting to serve regional retail or convenience store needs.

FOR SALE DETAILS

PRICE

$79,000 USD

PRICE/SF

$63 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

$1 Auction - REIT Sale | Former Speedway

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

-

APN/PARCEL ID

251-00890-0000

ASK ABOUT THIS PROPERTY

Philip KatesMarcus & MillichapMore Info
305-206-1286

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Philip KatesMarcus & MillichapMore Info
305-206-1286

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