1400 College AveAppleton, WI 54914
- Other commercial real estate
- 15,840 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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