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1298 Manitowoc Rd 5,541 SF Specialty Building Offered at $308,920 CAD at a 9.60% Cap Rate in Menasha, WI 54952
Investment Highlights
- 18-unit self-storage facility generating annual gross income of $21,600.
- Low-maintenance property with stable tenant base and recurring income.
- Convenient access to Interstate 41 and Appleton International Airport.
Executive Summary
This 18-unit self-storage facility offers an excellent investment opportunity in the Fox Cities region, just west of Appleton. The property consists of a single-story, ±3,600 SF mini-warehouse building situated on approximately 0.60 acres. Configured for mini-warehouse and storage use, the asset is classified as commercial warehouse occupancy, making it a low-maintenance and income-generating property.
The facility provides convenient access to Interstate 41 and is located near Appleton International Airport, ensuring strong connectivity to major transportation corridors and surrounding commercial areas. With an annual gross income of $21,600 and potential to increase rents to market rates, this property offers both stability and upside for investors.
The facility provides convenient access to Interstate 41 and is located near Appleton International Airport, ensuring strong connectivity to major transportation corridors and surrounding commercial areas. With an annual gross income of $21,600 and potential to increase rents to market rates, this property offers both stability and upside for investors.
Property Facts
| Price | $308,920 CAD | Building Class | C |
| Price Per SF | $55.75 CAD | Lot Size | 0.60 AC |
| Sale Type | Investment | Building Size | 5,541 SF |
| Cap Rate | 9.60% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2001 |
| Property Subtype | Self-Storage | ||
| Zoning | B3 | ||
| Price | $308,920 CAD |
| Price Per SF | $55.75 CAD |
| Sale Type | Investment |
| Cap Rate | 9.60% |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | C |
| Lot Size | 0.60 AC |
| Building Size | 5,541 SF |
| No. Stories | 1 |
| Year Built | 2001 |
| Zoning | B3 |
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Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 008-039104 | Improvements Assessment | $208,830 CAD |
| Land Assessment | $39,954 CAD | Total Assessment | $248,784 CAD |
Property Taxes
Parcel Number
008-039104
Land Assessment
$39,954 CAD
Improvements Assessment
$208,830 CAD
Total Assessment
$248,784 CAD
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1298 Manitowoc Rd
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