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486 Main Ave
De Pere, WI 54115
Retail Property For Sale

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Investment Highlights

  • Highly visible downtown corner positioned along a major commercial corridor with strong vehicle counts.
  • Steps from St. Norbert College, enhancing daily activity and consumer demand.
  • Convenient on-site parking with 40 surface stalls supporting customer access and circulation.
  • Flexible mixed-use zoning allowing restaurant, retail, service, or full redevelopment concepts.
  • Established population base with more than 100,000 residents within three miles.
  • Strong visibility and approachability within a vibrant and growing downtown district.

Executive Summary

Situated in the heart of downtown De Pere, this freestanding former restaurant offers an exceptional opportunity for an owner-occupant, investor, or developer seeking a well-positioned asset in a high-traffic, amenity-rich corridor. The property sits on a generous 0.46-acre lot with ample surface parking and strong street visibility along Main Avenue, where more than 16,000 vehicles pass daily. Its MX1 Downtown Mixed Use zoning allows for a range of commercial and redevelopment possibilities, including retail, restaurant, service, mixed-use concepts, or a complete site transformation.
The building’s existing layout supports efficient restaurant reuse, while the surrounding environment enhances long-term viability: St. Norbert College is just moments away, bringing steady foot traffic and local demand, and the site is surrounded by established residential neighborhoods and thriving local businesses. Key demographics reinforce the strength of this location, with more than 101,000 residents within a three-mile radius and strong household incomes across all measured trade areas.
With its strategic location, flexible zoning, and high-visibility positioning, this property represents a rare opportunity to acquire a centrally located downtown asset with substantial repositioning potential.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,738 SF
Building Class
C
Year Built
1968
Price
$751,878 CAD
Price Per SF
$274.61 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.46 AC
Zoning
MX1 - Downtown Mixed Use
Parking
40 Spaces (14.61 Spaces per 1,000 SF Leased)
Frontage
179’ on N. 5th St

Amenities

  • Bus Line
  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • WD-391
  • WD-388
Land Assessment
$145,454 CAD
Improvements Assessment
$869,717 CAD
Total Assessment
$1,015,171 CAD
  • Listing ID: 39678725

  • Date on Market: 2026-03-05

  • Last Updated:

  • Address: 486 Main Ave, De Pere, WI 54115

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