601 Main StOshkosh, WI 54902

Property Details for 601 Main St

Year built

1900

Lot size

0.05 AC

Property size (Sq ft)

5,960 SF

Zone code

UMU

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

03-00410000

APU

300410000

Description

This exceptional mixed-use property at 601 S MAIN STREET, Oshkosh, WI presents a unique investment opportunity in the heart of Oshkosh's revitalized Sawdust District. Spanning 15,928 square feet on a 0.33-acre lot, this property boasts a prime Main Street location, offering unparalleled visibility and accessibility. The complex comprises four commercial spaces, currently including a bar/restaurant, providing immediate income potential. In addition, eight residential units are included, with two recently renovated to upscale standards. The presence of a private off-street parking lot adds significant value and convenience for both commercial tenants and residents. The property's strategic location places it within easy walking distance of the Fox River and Pioneer Island, enhancing its appeal and attracting a diverse clientele. This offering presents a compelling opportunity for both seasoned investors and those seeking a high-impact, mixed-use investment. The property is comprised of five separate tax parcels (0300410000, 0300420000, 0300530000, 0300550000, & 0300400000), and there is an option to purchase the buildings separately. This flexible arrangement allows for tailored investment strategies to suit individual needs and preferences. The asking price for the entire complex is $4,500,000. This is a rare chance to acquire a significant piece of Oshkosh's vibrant downtown landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $1,076,149

  6.5%

  $993,368

  7%

  $922,413

• Comparable approach

  Method

  Valuation

  Relative Method

  $605,078

  Geo Method

  $776,290

• Alternative Use

  Use

  Valuation

  Residential

  $1,231,776

  Hospitality

  $1,128,301

  Educational

  $938,733

  Medical

  $971,017

  Retail

  $1,460,251

Location Insight

City

Oshkosh

County

Winnebago

State

Wisconsin

Latitude

44.0122

Longitude

-88.5384

CBSA code

36780

CBSA name

OSHKOSH-NEENAH, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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