Share This Listing

Message

965 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

101 W Hill St 5,742 SF 48% Leased Retail Building Thorp, WI 54771 For Sale

Save this listing!

Favourite this listing to get notified of price updates, new media and more

EXECUTIVE SUMMARY

Owner/Operator opportunity with stable income from McDonald's BP recently spent approximately $100,000 to rebrand the gas/convenience side of the property. Gas station has long term proven sales track record (contact Broker for more information). High performing location for McDonald's (contact Broker for sales numbers). Strategically located along Highway 29 - the major east/west corridor connecting the Twin Cities and the Fox Valley with a major 4 lane divided highway. Highway interchange location. Car Wash attached for additional income once upgraded. Half an hour from Hwy. 53 and the Chippewa Valley Regional Airport. 9% population increase since 2010. Current Convenience Store operator is on a month to month lease. Property Owner will also entertain long term Lease from experienced gas station/convenience store operators. Tenant abandoned in massive countrywide bankruptcy of its company, previous owners (prior to 2023) demonstrated higher earning potential.

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
Lease Option
Property Type
Retail
Property Subtype
Service Station
Building Size
5,742 SF
Building Class
B
Year Built/Renovated
1977/2024
NOI
$1,340,083 CAD
Percent Leased
48%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.72 AC
Zoning
C-1 - Commercial
Parking
30 Spaces (5.22 Spaces per 1,000 SF Leased)
Frontage
255’ on West Hill Street

AMENITIES

  • Restaurant
  • Monument Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 3,000 SF
  • Retail
  • -
  • Now

Owner/Operator opportunity adjacent to McDonald's. BP recently spent approximately $100,000 to rebrand the gas/convenience side of the property. Gas station has proven sales track record with sales rising in 2025 (contact Broker for more information). High performing location for McDonald's (contact Broker for sales numbers.)Strategically located along Highway 29 - the major east/west corridor connecting the Twin Cities and the Fox Valley with a major4 lane divided highway. Car wash attached for additional income once upgraded. Half an hour from Hwy. 53 and the Chippewa Valley Regional Airport. 9% population increase since 2010. Temporary convenience store operator can assist in transfer. Prior 2023 sales demonstrate higher earning potential. Could be structured as short term lease e.g. 2 -3 years with right to purchase entire property or just a long term lease. Drive thru car was not operational but owner would negotiate rent based on willingness to get it up and running!

Space Size Space Use Position Available
1st Floor 3,000 SF Retail - Now

1st Floor

Size
3,000 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 3,000 SF
Space Use Retail
Position -
Available Now

Owner/Operator opportunity adjacent to McDonald's. BP recently spent approximately $100,000 to rebrand the gas/convenience side of the property. Gas station has proven sales track record with sales rising in 2025 (contact Broker for more information). High performing location for McDonald's (contact Broker for sales numbers.)Strategically located along Highway 29 - the major east/west corridor connecting the Twin Cities and the Fox Valley with a major4 lane divided highway. Car wash attached for additional income once upgraded. Half an hour from Hwy. 53 and the Chippewa Valley Regional Airport. 9% population increase since 2010. Temporary convenience store operator can assist in transfer. Prior 2023 sales demonstrate higher earning potential. Could be structured as short term lease e.g. 2 -3 years with right to purchase entire property or just a long term lease. Drive thru car was not operational but owner would negotiate rent based on willingness to get it up and running!

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 286-0891.000
  • 286-0891.001
Land Assessment
$507,696 CAD
Improvements Assessment
$2,370,272 CAD
Total Assessment
$2,877,968 CAD
  • Listing ID: 33764635

  • Date on Market: 2024-11-05

  • Last Updated:

  • Address: 101 W Hill St, Thorp, WI 54771

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}