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$1,200,000

2929 N Richmond Street, Appleton, WI, 54911

14,540 Sq. Ft.

MLS# RAN50332109

Estimated monthly payment:

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Built in 1986
$82.53/sqft
Taxes: $14,987.09

Value Add - Apartment / Retail Building. 1st floor retail space, 4 retail suites @1,592sf each. Six apartments on 2nd level - Two 1BR & Four 2BR In-place apartments are 100% leased and carry the income while a buyer fills the first floor. Two of four retail bays are vacant (50% first-floor vacancy). North end-cap retail space (occupied) has unused drive-thru potential. Roof approximately 10+/- years old, parking lot repairs within 5 years - appears to be in good shape. Strong retailer presence all within eyeshot: McDonalds, Kwik Trip, Taco Bell, Verizon, Little Caesars, Co-Vantage Credit Union, Jimmy Johns, Wingstop, soon to be 7brew. The land has strong underlying value and upside possibility to get strong regional/national tenants. Strong Traffic Counts - 16,900 Vehicles Per Day

  • Price per sq ft$82.53
  • Floors2 floors
  • Area, sq ft14,540 sq ft
  • Lot Size, acres0.96
  • Year built1986
  • For Sale or RentFor Sale
  • Parcel Number315949508
  • HeatingVaries by Unit, Radiant, Wall Unit(s)
  • CoolingCentral Air
  • Water SourcePublic
  • SewerPublic Sewer
  • Tax Amount$14,987.09

Contact Agency

AJ

Adashun Jones, Inc.

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Listing Provided by: Simpson Realty | rememberjohnny@gmail.com

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