181 Riverheath WayAppleton, WI 54915

Property Details for 181 Riverheath Way

Year built

2016

Lot size

1.48 AC

Property size (Sq ft)

77,608 SF

Zone code

PDC2

Property type

Commercial real estate

APN

31-4-0828-06

APU

314082806

Description

This exceptional multi-tenant property, located at 181 S Riverheath Way in Appleton, Wisconsin, 54915, offers a unique blend of office and retail spaces. The building boasts a total of 18,659 square feet, divided into three suites, with a minimum divisible space of 1,200 square feet and a maximum of 2,700 square feet. Currently, three spaces are available for lease. The property's prime location on the Fox River provides stunning river views and easy access to walking trails. Ample parking is available for tenants and their clients. Its proximity to the Lawrence University campus adds to its desirability. The building's convenient location is just steps from downtown Appleton, situated below the College Avenue bridge, offering excellent visibility and accessibility. This is an ideal opportunity for businesses seeking a prestigious and well-located space in a thriving community. The property is classified as both retail and office space, making it suitable for a variety of uses. The building's design and location make it an attractive option for businesses seeking a high-quality, well-maintained space in a desirable location. The flexible suite sizes allow for customization to meet individual business needs. Don't miss this chance to secure your space in this sought-after Appleton location.

• CAP approach

  CAP return

  Valuation

  6%

  $15,881,500

  6.5%

  $14,659,800

  7%

  $13,612,700

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,879,010

  Geo Method

  $10,108,400

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $29,783,700

  Retail / Commercial

  $15,092,400

  Mixed-Use / Specialty

  $14,896,400

  Hospitality / Lodging

  $10,743,900

  Office

  $14,659,800

  Institutional / Educational

  $15,435,500

  Residential Income

  $18,059,500

  Multifamily

  $22,448,000

  Automotive / Energy

  $13,230,400

  Parking / Income-Based Land

  $4,706,150

  Restaurant / Food Service

  $7,444,230

  Healthcare / Senior Housing

  $15,421,800

Location Insight

City

Appleton

County

Outagamie

State

Wisconsin

Latitude

44.2611

Longitude

-88.3866

CBSA code

11540

CBSA name

APPLETON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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