103 E College Avenue

Shopping Center for Sale
Sale Pending/Contingent
Also listed as Multi-Family
Catylist Listing ID: 30050463
Property Subtypes: Mixed Use
Status: Pending/Contingent
Building Size (RSF): 18,654 SF
Sale Price: $599,000
Unit Price: $32.11 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/16/2019

Overview / Comments

Excellent investment opportunity. Building is priced at a 9.3 % cap rate on current income. PLUS over 12,000 sq ft of vacant space for upside! Flexible layout in this Prime Historic Building in an excellent downtown location. Located directly across the street from the Appleton City Center, this is the heart of Appleton's business district. Multiple shared entrances from College and Oneida and public parking ramp located behind the building.

Additional Details

Nearest MSA: Appleton
County: Outagamie
Tax ID/APN: 312003900
Parking Description: Parking ramp and street parking available behind the building.
Passenger Elevators: 1
Heat Type: Natural Gas
Heat Source: Central
Interior Description: 3 story building with fully leased retail on the first floor. 2nd and 3rd floor are currently set up as office space. Possible redevelopment as apartments.
Water Service: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,325 96,463 159,959
Median Age: 33.18 37.16 37.34
Households: 6,949 39,743 65,210


Photograph of Listing Agent

Scott DeWitt

DeWitt Londre LLC
WCIE Member
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