2812 New Pinery Rd 5,694 SF Vacant Retail Building Portage, WI 53901 $1,100,000 ($193.19/SF)

Highly Sought-After Corner Outlot – Retail / Redevelopment Opportunity | For Sale
2921 New Pinery Road presents a rare opportunity to acquire a high-visibility corner outlot in Portage’s most active retail corridor. Positioned within a thriving multi-tenant shopping center, this property offers strong exposure, consistent traffic, and exceptional redevelopment potential.
The 5,694 SF building is currently configured into two suites, including a 4,694 SF former restaurant space and a 1,000 SF retail/medical suite. The property is offered at $1,100,000, providing maximum flexibility for owner-users, investors, or developers.
Property Highlights:
Highly sought-after corner lot – one of the few remaining in Portage
Building Size: 5,694 SF (4,694 SF + 1,000 SF suites)
Vacant – ideal for owner-user, investor, or redevelopment
Former restaurant layout allows for food service or conversion to other uses
Excellent QSR redevelopment potential – ideal for reface or tear-down
Exclusive monument signage with strong visibility from New Pinery Road (Hwy 51)
Outlot to an 18-tenant shopping center featuring Ace Hardware, Pet Supplies Plus, Dollar Tree, Anytime Fitness, GameStop, Check N Go, and more
Proven demand – site has drawn interest from Starbucks, Wendy’s, and Dunkin’
Location Overview:
Located along Portage’s dominant retail corridor, the property benefits from strong traffic counts, excellent visibility, and convenient access to Interstate 39. Surrounding national and regional retailers drive consistent consumer activity, supporting long-term viability for a wide range of commercial uses.
Investment Opportunity:
With its rare corner positioning, strong co-tenancy, and redevelopment flexibility, this property is well-suited for retail, service, or QSR users, as well as investors seeking a repositioning opportunity. Corner outlot opportunities of this caliber are increasingly limited in the market.
For additional information or to request offering materials, please contact ownership directly.