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101 W Hill St

5,742 SF 100% Leased Retail Building Thorp, WI 54771 For Sale

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.

Attachments

101 W. Hill St.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Service Station
Building Size
5,742 SF
Building Class
B
Year Built/Renovated
1977/2024
NOI
$960,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Land Acres
1.72 AC
Zoning
C-1 - Commercial
Parking
30 Spaces (5.22 Spaces per 1,000 SF Leased)
Frontage
255 FT on West Hill Street

Amenities

  • Restaurant
  • Monument Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 286-0891.000
  • 286-0891.001
Land Assessment
$363,700
Improvements Assessment
$1,698,000
Total Assessment
$2,061,700
  • Listing ID: 33764635

  • Date on Market: 11/5/2024

  • Last Updated:

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

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