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1298 Manitowoc Rd 3,600 SF Specialty Building Offered at $225,000 at a 9.60% Cap Rate in Menasha, WI 54952
Investment Highlights
- 18-unit self-storage facility generating annual gross income of $21,600.
- Low-maintenance property with stable tenant base and recurring income.
- Convenient access to Interstate 41 and Appleton International Airport.
Executive Summary
This 18-unit self-storage facility offers an excellent investment opportunity in the Fox Cities region, just west of Appleton. The property consists of a single-story, ±3,600 SF mini-warehouse building situated on approximately 0.60 acres. Configured for mini-warehouse and storage use, the asset is classified as commercial warehouse occupancy, making it a low-maintenance and income-generating property.
The facility provides convenient access to Interstate 41 and is located near Appleton International Airport, ensuring strong connectivity to major transportation corridors and surrounding commercial areas. With an annual gross income of $21,600 and potential to increase rents to market rates, this property offers both stability and upside for investors.
The facility provides convenient access to Interstate 41 and is located near Appleton International Airport, ensuring strong connectivity to major transportation corridors and surrounding commercial areas. With an annual gross income of $21,600 and potential to increase rents to market rates, this property offers both stability and upside for investors.
Property Facts
| Price | $225,000 | Building Class | C |
| Price Per SF | $62.50 | Lot Size | 0.60 AC |
| Sale Type | Investment | Building Size | 3,600 SF |
| Cap Rate | 9.60% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2001 |
| Property Subtype | Self-Storage | ||
| Zoning | B3 | ||
| Price | $225,000 |
| Price Per SF | $62.50 |
| Sale Type | Investment |
| Cap Rate | 9.60% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 3,600 SF |
| No. Stories | 1 |
| Year Built | 2001 |
| Zoning | B3 |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 008-039104 | Improvements Assessment | $152,100 |
| Land Assessment | $29,100 | Total Assessment | $181,200 |
Property Taxes
Parcel Number
008-039104
Land Assessment
$29,100
Improvements Assessment
$152,100
Total Assessment
$181,200
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1298 Manitowoc Rd
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