2929 N Richmond Street, Appleton, WI 54911
- $1,200,000
- 14,540
- SqFt
- List Price
- $1,200,000
- Status
- ACTIVE
- MLS#
- RANW-50332109
- Style
- Free Standing
- Year Built
- 1986
- Living Area
- 14,540
- Lot Size
- 41,817
- Acres
- 0.96
- MLS Area Major
- FV- NE-Outagamie Cty only
Property Description
Value Add - Apartment / Retail Building. 1st floor retail space (4 units about 1,592 SF each) and six apartments 2nd floor (two 1BR / four 2BR). In-place apartments are 100% leased and carry the income while a buyer fills the first floor. Three of four retail bays are vacant (50% first-floor vacancy). North end-cap has an unused drive-thru. Roof and parking lot appear 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 Drive Thru on north end cap.
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Additional Information
- Taxes
- $14,987
- Property Description
- Free Standing
- Exterior Features
- Concrete
- School District
- Appleton Area
Courtesy of Simpson Realty
OFF-D: 920-265-8804
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