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Mini Storage | Cold Storage | Retail/Flex 1375 N Shawano St 20,020 SF 100% Leased Flex Building New London, WI 54961 $1,195,000 ($59.69/SF)
Investment Highlights
- Four-building commercial asset on one parcel
- 39 income-producing storage units with upside
- Potential leaseback income from Seller
- Retail/flex + cold storage + mini storage mix
- Owner-user or investment opportunity
- Strong visibility with ±10,500 VPD
Executive Summary
Rare opportunity to acquire a multi-building commercial property featuring a mix of retail/flex space, cold storage, and income-producing mini storage units on a single parcel. This versatile asset offers strong upside for both investors and owner-users.
The property includes approximately 20,020 SF across four buildings, situated on ±1.5 acres with excellent visibility along a corridor with traffic counts of ±10,500 vehicles per day.
Improvements consist of a front retail/flex building with office, restroom, kitchenette, and open workspace, a large unheated cold storage building with overhead doors, and two mini storage buildings totaling 39 units in a variety of sizes. Gross income for storage units currently $2,400/month with upside.
The current owner operates a business on-site and is open to leasing back the cold storage building, providing immediate income potential for a buyer. The storage component offers additional passive income with upside through lease-up and rent optimization.
Recent improvements include newer roofs, reducing near-term capital expenditure.
Note: Existing business and inventory is not included in the sale.
The property includes approximately 20,020 SF across four buildings, situated on ±1.5 acres with excellent visibility along a corridor with traffic counts of ±10,500 vehicles per day.
Improvements consist of a front retail/flex building with office, restroom, kitchenette, and open workspace, a large unheated cold storage building with overhead doors, and two mini storage buildings totaling 39 units in a variety of sizes. Gross income for storage units currently $2,400/month with upside.
The current owner operates a business on-site and is open to leasing back the cold storage building, providing immediate income potential for a buyer. The storage component offers additional passive income with upside through lease-up and rent optimization.
Recent improvements include newer roofs, reducing near-term capital expenditure.
Note: Existing business and inventory is not included in the sale.
Property Facts
| Price | $1,195,000 | Lot Size | 1.50 AC |
| Price Per SF | $59.69 | Rentable Building Area | 20,020 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Flex | Year Built | 1998 |
| Price | $1,195,000 |
| Price Per SF | $59.69 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Lot Size | 1.50 AC |
| Rentable Building Area | 20,020 SF |
| No. Stories | 1 |
| Year Built | 1998 |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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Mini Storage | Cold Storage | Retail/Flex | 1375 N Shawano St
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