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802 George St 3,904 SF Retail Building De Pere, WI 54115 $749,900 ($192.09/SF) 10.67% Cap Rate
Investment Highlights
- Ample Parking
- Updated Property
- Curb Appeal and Lots of Natural Light
- Drive Thru
- All Brick Ranch
- Downtown Location
Executive Summary
Stand-Alone Building in Downtown De Pere. Exceptional all-brick property: features include a two-lane drive-thru, ample parking, prime Main Street visibility, Plus a massive sign! Recent updates: new roof (2022), tankless water heater (2023), sump pump w/backup (2024), and updated signage (2024). Located across from the area’s top private elementary school, near St. Norbert College, and just steps from the Mulva Cultural Center. With strong traffic counts and ongoing area development, this is the perfect location to launch your business or continue a proven one. Great Harvest Bread is included in the sale. Turnkey business that offers a fantastic product: opportunity to grow by expanding the whole sale, catering, and coffee out of this location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,904 SF
Building Class
C
Year Built
1977
Price
$749,900
Price Per SF
$192.09
Cap Rate
10.67%
NOI
$79,990
Tenancy
Single
Building Height
2 Stories
Building FAR
0.53
Lot Size
0.17 AC
Zoning
Commercial - Drive-thru - there is $30,000 facade grant from the city of De Pere.
Parking
13 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
60’ on George St
Amenities
- Pylon Sign
- Restaurant
- Signage
- Skylights
- Drive Thru
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | ED-1058 | Improvements Assessment | $382,800 |
| Land Assessment | $108,400 | Total Assessment | $491,200 |
Property Taxes
Parcel Number
ED-1058
Land Assessment
$108,400
Improvements Assessment
$382,800
Total Assessment
$491,200
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Contact the Sale Advisor
802 George St