1400 College AveAppleton, WI 54914

  • Other commercial real estate
  • 15,840 SF
For Sale
$1,850,000 View listing

Property Details for 1400 College Ave

Year built
1999
Construction
STEEL FRAME
Lot size
1.45 AC
Property size (Sq ft)
15,840 SF
Zone code
C2
Property type
Other commercial real estate
APN
31-5-1799-00
APU
315179900

Description

This exceptional 15,360-square-foot retail shopping center in Appleton, Wisconsin, presents a compelling investment opportunity. Located at 1400 W College Ave, this Class B property boasts a prime location on a busy commercial corridor with over 24,000 vehicles passing daily. The 1.45-acre site features 294 feet of frontage on College Avenue, providing excellent visibility and accessibility with two convenient access points. Ample parking is available, with a generous ratio of 5.08 spaces per 1,000 square feet. Currently 100% leased, the property generates a strong net operating income (NOI) of $143,150, representing a price per square foot of $120.44. The attractive, well-landscaped building benefits from prominent building and pylon signage. Tenants include established businesses such as Fox Cities Quilt, IQ Resource Group, Appleton Ax, and Little Caesars Pizza, ensuring a stable and diverse tenant mix. Its strategic location offers easy access to downtown Appleton and the Fox River Mall, further enhancing its appeal and potential for continued success. The asking price for this thriving retail center is $1,850,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,273,714
    Hospitality
    $2,998,705
    Educational
    $2,494,887
    Medical
    $2,580,690
    Retail
    $3,880,936
1400 College Ave, Appleton, Wisconsin

Location Insight

City
Appleton
County
Outagamie
State
Wisconsin
Latitude
44.2622
Longitude
-88.429
CBSA code
11540
CBSA name
APPLETON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,062
$475,300
$762,900
$1,238,200
-
$500,963
$804,092
$1,305,055

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