1921 Shawano StNew London, WI 54961

Property Details for 1921 Shawano St

Year built

1990

Lot size

2.71 AC

Property size (Sq ft)

18,040 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This 18,040 square foot vacant grocery store, formerly a Piggly Wiggly, is situated on a 2.71-acre lot in New London, Wisconsin, at 1921 N Shawano St, zip code 54961. The property, built in 1990 and classified as Class B, offers a fee simple ownership opportunity. Currently vacant, it boasts a freshly resurfaced parking lot and is conveniently located near major highways (45 and 54) and prominent businesses including Walmart, Tractor Supply Co., and Walgreens. The asking price is $650,000, reflecting a recent price reduction due to needed roof and HVAC repairs. The property is zoned MP-0 and has potential for a 6,400 square foot expansion. Utilities include water, sewer, gas, and electricity. High daily traffic counts and a strong local demographic profile make this a compelling investment opportunity for owner-users. While the building is well-maintained, potential buyers should factor in the necessary roof and HVAC system upgrades. An Aldi is opening across the street, further enhancing the location's appeal. This is a prime retail space with significant growth potential.

Location Insight

City

New London

County

Waupaca

State

Wisconsin

Latitude

44.4127

Longitude

-88.7435

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