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- LoopNet Team
126 Charles St
Oconto, WI 54153
Vacant Former Shopko Hometown · Retail Property For Sale
Investment Highlights
- Value-Add Investment Opportunity
- Great visibility and access from Charles Street, with close proximity to Highway 41
- Desirable Demographic Profile. 32.5 miles from the third largest Wisconsin MSA in Green Bay with a population of over 325,000.
- Prominent Retail Location. Surrounded by notable retailers such as Dollar General, McDonalds, O’Reilly Auto Parts, Thompsons Country Market, and Steph
- Only $35 PSF. Well below replacement cost.
PROPERTY FACTS
Amenities
- Pylon Sign
- Drive Thru
About 126 Charles St , Oconto, WI 54153
Colliers’ Retail Capital Markets Team is pleased to present the opportunity to acquire the freestanding former Shopko building located near interchange of Highway 41 and Charles St in Oconto, WI. The 35,548 square foot building was built in 2000 and is currently vacant. Shopko vacated the Property when the company went into corporate bankruptcy in January 2019. The Property is strategically located near the Highway 41 interchange with close proximity to major retailers. Surrounding retailers in the immediate vicinity include Dollar General, McDonald’s, O’Reilly Auto Parts and more This offering is an excellent opportunity to create significant value and cash flow by acquiring a vacant Shopko building in a prominent retail location for well below replacement cost and leasing up or re-positioning the site.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,903,400 | |
| Land Assessment | $182,200 | Total Assessment | $2,085,600 |
PROPERTY TAXES
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