101 Hill StThorp, WI 54771

Property Details for 101 Hill St

Lot size

0.71 AC

Property type

Commercial real estate

APN

286.0891.001

APU

2860891001

Description

This exceptional owner-user opportunity features a thriving BP gas station and a high-performing McDonald's co-tenancy, situated on a 71.72-acre lot at 101 W Hill St, Thorp, WI 54771. The 5,742 square foot, single-story building, constructed in 1977 and renovated in 2019 and 2024, boasts a C-Commercial zoning classification. The property benefits from a strategic location along Highway 29, a major east-west corridor, and proximity to a highway interchange. The BP station recently underwent a $100,000 rebranding, and enjoys a long-term sales history. McDonald's also demonstrates strong performance in this location. Additional income potential exists through an attached car wash (requiring upgrades). The property includes approximately 30 surface parking spaces. The current convenience store operator is on a month-to-month lease, but the owner will consider long-term leases with qualified operators. The property's annual net operating income (NOI) is $960,000, encompassing both the BP/convenience store and McDonald's rental income. The area has experienced a 9% population increase since 2010, further supporting the property's strong investment potential. The property is conveniently located within a half-hour of Highway 53 and the Chippewa Valley Regional Airport. APN: 286-0891.000, 286-0891.001.

• Alternative Use

  Use

  Valuation

  Residential

  $6,508,596

  Hospitality

  $5,961,838

  Educational

  $4,960,180

  Medical

  $5,130,768

  Retail

  $7,715,835

Location Insight

City

Thorp

County

Clark

State

Wisconsin

Latitude

44.9534

Longitude

-90.8009

Property Tax & Assessments

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