For Sale
$725,000

1930 Mason StGreen Bay, WI 54302

High-Traffic Corner, NNN Leases, Strong NOI

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional commercial investment opportunity presents a 4,872 square foot, single-story building situated on a 0.57-acre lot in Green Bay, Wisconsin. Located at 1930 E Mason St, this property boasts a prime location at a high-traffic intersection. The building, constructed in 1982, is zoned Commercial One and currently houses two businesses operating under Net Lease (NNN) agreements, offering a diversified income stream. One tenant is a national fast-food chain, and the other is a local specialty retailer. The property generates a substantial Net Operating Income (NOI) of $62,436 annually, with an asking price of $725,000, resulting in a price per square foot of $148.81. The property's strong tenant base, combined with its strategic location in a rapidly developing area, makes this an attractive investment opportunity with significant potential for future growth. The property features two units and benefits from high visibility due to its corner location. This is a rare chance to acquire a well-established, income-producing asset in a thriving market.

Highlights

  • High-traffic location ideal for fast-food restaurant.
  • Excellent retail space available.
  • Significant income generated from billboard advertising.

Property Details for 1930 Mason St

Property type
Retail properties
Square Feet
4,872 SF
Year Built
1982
Buildings
1
Stories
1
Lot Size (sq. ft)
24,829 SF
Units
2

Location Insight

City
Green Bay
County
Brown
State
Wisconsin
Latitude
44.491056718694
Longitude
-87.977301315954
1930 Mason St, Green Bay, Wisconsin

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1930 Mason St
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