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Submitted URL: https://email.campaigns.crexi.com/c/eJxUkc2O3CAQhJ8G3xjZDeOfgw8bTSbaSHva5Gy1oe0lwYD4WWfePvJkkmhPSF-VoKj6vKGxL5QSrvSsx6YH2XXQNUP1gN...
Effective URL: https://www.crexi.com/properties/1646201/wisconsin-property-opportunity-former-piggly-wiggly-in-new-london-wi?offering...
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 1. For Sale
 2. Retail
 3. WI
 4. New London
 5. Former Piggly Wiggly Building for Sale in New London, WI
    


Street View
Gallery 4
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FORMER PIGGLY WIGGLY BUILDING FOR SALE IN NEW LONDON, WI

Retail | 18,040 SF
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LISTING CONTACTS

 * Jordan Gorjian
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   License: US
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   View my profile
   


ACTIVE

Asking Price:Unpriced

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submitting a non-binding offer.

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Address 


1921 N SHAWANO ST, NEW LONDON, WI 54961

Show on Map
Date Added
Aug 15, 2024
Days on Market
20 days
Time Since Last Update
19 days


DETAILS

Property TypeRetail
SubtypeGrocery Store, Storefront
Investment TypeOwner/User
Investment Sub TypeVacant
ClassB
TenancyVacant
Square Footage18,040
Net Rentable (sq ft)18,040
OccupancyVacant
Year Built1990
Buildings1
ZoningMP-0
Lot Size (acres)2.71
OwnershipFee Simple
Sale ConditionFor sale by owner


MARKETING DESCRIPTION

Introducing a lucrative opportunity in New London, WI – the Former Piggly Wiggly
at 1919 N Shawano St! Boasting an 18,040 SF space on a sprawling 2.71-acre lot,
this well-maintained property features a freshly resurfaced parking lot offering
ample parking. Located on the north side of New London, with easy access to
Highways 45 and 54, this site also has the potential for a +/- 6,400 SF
expansion on its north side. Surrounded by major businesses including Walmart,
Tractor Supply Co, and Walgreens, the demographics are promising with a
significant population and household income in the area. The property sees high
traffic counts daily while benefiting from utilities such as water, sewer, gas,
and electricity. Don't miss out on this prime commercial space with endless
possibilities for expansion and growth. Submit an offer today and secure your
spot in this thriving business district!


INVESTMENT HIGHLIGHTS

 * Very well-maintained building

 * Freshly resurfaced parking lot with abundance of parking

 * Easy access to Highways 45 and 54

 * Excellent location on north side of New London

 * Room for +/- 6,400 SF expansion of north side of building

 * ALDI opening across the street from property


VALUATION CALCULATOR


VALUATION CALCULATOR

Purchase Price

Net Operating Income

Down Payment

Interest Rate

Term (years)

Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
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VALUATION METRICS

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0
DSCR
--
Cap Rate
--
ROI


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View OM

$2,250,000

FORMER RITE AID FOR SALE OR LEASE

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View Flyer

$2,500,000

VACANT WALGREENS

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View OM

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See more properties for sale in New London
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DEMOGRAPHIC INSIGHTS


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within 1-, 3-, and 5-miles of your property of interest.



1 mile

3 miles

5 miles



Population
818k
4%
Compared to 747k in 2016
2%
Compared to 257k in 2019
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LiPCh





Household Income
$85.7k

Median Income
$49.7k
2025 Estimate
0%
Growth Rate


Age Demographics
44

Median Age
54
2025 Estimate
2%
Growth Rate


Number of Employees
14.7k
Top Employment Categories

Office & Administrative Support

Management

Sales & Related

Production

Food Prep & Service


Housing Occupancy Ratio
7:1
6:1 predicted by 2025

Occupied

Vacant


Renter to Homeowner Ratio
9:1
1:1 predicted by 2025

Renters

Homeowner


LOCATION INSIGHTS


*All information is deemed reliable but not guaranteed. Buyer to verify all
information.
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