7 Unit Plaza for Sale

Retail-Commercial for Sale
Also listed as Shopping Center
Catylist Listing ID: 30276551
Property Subtypes: Free-Standing Building
Building Size (RSF): 11,500 SF
Gross Land Area: 1.40 Acres
Sale Price: $450,000
Unit Price: $39.13 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: was PDQ Plaza
Usable Size (USF): 11,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/1/2018

Overview / Comments

This strip center, known as the PDQ Plaza, consists of 7 business suites and has been established in this location since the early 1980's. Buiding size about 12,000 sq ft. The Little Lake Butte Des Morts Bridge and Hiwy 441 will soon be completed and the traffic flow will increase greatly in the location. Utilities are all separate to each business suite. Prime business corner location. This was the location of a PDQ Convenience store since the bldg was built until Oct 2017. Spaces can used for either office or retail purposes. There is plenty of black top parking at the front door and also parking behind the building. There are 2 spaces facing 12th Street to the South. This is an L shaped building at a corner and faces 2 streets, Racine Rd and 12th Street. Appleton Street is at the back of the building. Located in NorthWest Menasha at the inter-section of N Racine Road and the East end of the Little Lake Butte Des Morts Bridge. Good traffic flow and good visibility. Easy access to and from Hiwy 41 and Hiwy 441. Present gross rents are at $81,600 year. Real Estate Taxes 2017 = $13,180 with assessed value at $599,700.

Additional Details

Nearest MSA: Oshkosh-Neenah
County: Winnebago
Taxing Authority: Village of Fox Crossing
Tax ID/APN: 121035414
Zoning: COMNMERCIAL
Property Visibility: Excellent
Largest Nearby Street: Racine St
Feet of Frontage: 213
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1983
Parking Type: Surface
Parking Description: Black Top Lot.
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,356 65,114 149,285
Median Age: 38.16 36.88 37.37
Households: 4,018 27,123 62,073

Contact

Photograph of Listing Agent

Michael Law

Law Realty LLC
WCIE Member
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