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506 W College Ave
Appleton, WI 54911

Development Opportunity Or Investment · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
23,952 SF
Building Class
B
Year Built
1958
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
1.96
Lot Size
0.28 AC
Zoning
BID

Amenities

  • Bus Line
  • Signage

About 506 W College Ave , Appleton, WI 54911

This exclusive listing is for 4 masonry improvements in the heart of the City of Appleton's BID district and TIF #12. Each parcel is unique in that three, currently, have office/retail space on the main levels while the fourth is primary income is from 13 studio and 1 bedroom apartments. Each as basement space for either tenant or owner storage. With the TIF#12 this can afford a buyer savings in redevelopment as well as other potential grants within the BID District. The total lot size is 0.28 acres. The buyer could elect to continue commercial and residential leases to provide income. Two of the four commercial spaces are currently occupied with one having ability to broken back into two or continue as one space. Three of these properties which front W College Ave have an average traffic count, based on WIDOT, of 15,100 vehicles per day providing great visibility. Based on jsonline.com/story/money/nation-now/2017/10/13/most-liveable-americas-50-best-cities-live/761013001/ Appleton was ranked 49th in the nation for most livable places in America (Dec. 31, 2017). Unique too is the close proximity to Appleton's Performing Arts Center (foxcitiespac.com) as well as many other 'concentration of restaurants, bars, fitness and recreation centers, and movie theatres than is typical nationwide' (from prior article mentioned).

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 31-5-1066-00
  • 31-5-1067-00
  • 31-5-1065-00
  • 31-5-1068-00
Land Assessment
$329,432
Improvements Assessment
$912,903
Total Assessment
$1,242,335
  • Listing ID: 3716427

  • Date on Market: 2016-09-24

  • Last Updated:

  • Address: 506 W College Ave, Appleton, WI 54911

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