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INVESTMENT HIGHLIGHTS
- 3 story commercial building ready for redevelopment
- Former city hall building overlooking the marina and Curtis Reed Square.
- Prime main street location in the heart of downtown Menasha.
- Great potential for a redevelopment for multi-family building.
EXECUTIVE SUMMARY
Outstanding redevelopment opportunity in the heart of downtown Menasha. This three-story former City Hall building offers a rare chance to reimagine a historic property with prime Main Street visibility, overlooking the marina and Curtis Reed Square. Surrounded by local businesses, restaurants, and civic amenities, the property is ideally positioned for mixed-use, office, retail, or community redevelopment.
Property Highlights:
- Prominent corner location with excellent street exposure
- Solid construction and three functional floors plus lower level
- $150,000 energy-efficient heating system recently installed
- Full gut renovation completed on the 1st, 3rd, and lower levels, offering a clean slate for redevelopment
- Potential access to TIF incentives and local grant programs to support renovation costs
Known Conditions / Disclosures:
- Asbestos-containing glue and mold present in lower-level break room — remediation required
- Water main lateral replacement needed
- Elevator requires new relay and inspection
Property Highlights:
- Prominent corner location with excellent street exposure
- Solid construction and three functional floors plus lower level
- $150,000 energy-efficient heating system recently installed
- Full gut renovation completed on the 1st, 3rd, and lower levels, offering a clean slate for redevelopment
- Potential access to TIF incentives and local grant programs to support renovation costs
Known Conditions / Disclosures:
- Asbestos-containing glue and mold present in lower-level break room — remediation required
- Water main lateral replacement needed
- Elevator requires new relay and inspection
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Building Size
12,740 SF
Building Class
B
Year Built
1966
Price
$449,000
Price Per SF
$35.24
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
4,247 SF
Building FAR
1.04
Lot Size
0.28 AC
Opportunity Zone
Yes
Zoning
C2
AMENITIES
- Storage Space
1 1
Walk Score®
Very Walkable (82)
Bike Score®
Very Bikeable (70)
PROPERTY TAXES
| Parcel Number | 2-00060-00 | Improvements Assessment | $543,800 (2024) |
| Land Assessment | $73,000 (2024) | Total Assessment | $616,800 (2024) |
PROPERTY TAXES
Parcel Number
2-00060-00
Land Assessment
$73,000 (2024)
Improvements Assessment
$543,800 (2024)
Total Assessment
$616,800 (2024)
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140 Main St
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