Subscribe to Intelligence
View property history data!
Access historical property and tax details including tax amounts, land value, and more to inform your next opportunity.
400 North Richmond Suite 1, 2, 3, 4
400 N Richmond Commercial Condos | 8% CAP
Listing Contacts
See All (3)
License: WI 112806-94
License: WI 111378 - 94
Active
Asking Price: $2,850,000
Address
400 N Richmond St, Appleton, WI 54911
Show on MapDate Added
Jan 30, 2025
Days on Market
44 days
Time Since Last Update
13 days
Details
Property TypeHospitality, Mixed Use, Office, Retail
SubtypeExecutive Office, Restaurant, Storefront
Investment TypeStabilized
ClassA
Square Footage29,216
Net Rentable (sq ft)29,216
Price/Sq Ft$97.55
Cap Rate8.00%
Occupancy90%
NOI$227,978
Units12
Year Built2002
Buildings1
Stories4
ZoningCommercial
Lot Size (acres)9.34
Marketing Description
Rare opportunity to own class A commercial real estate in downtown Appleton. Attractive 8% cap rate. Sale includes 12 commercial condos and off-street parking.
Long-term tenants include: Ahava, Transit Mutual, Reach Counseling, The Coop, Diverse and Resilient, Kidspirations Dance School, Drivers Education of Fox Cities, and AboutHealth.
Space types include a Restaurant, Saloon, Office, Retail and Flex space.
HOA handles Exterior Maintenance, snow removal, garbage and recycling as well as maintaining the parking lots.
Investment Highlights
-7.98% Cap rate
-12 Commercial Tenants
-90% Leased
-Well Maintained Property
-NNN Leases
-Ample Parking
Valuation Calculator
Valuation Calculator
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$227,978.00
$18,998.17/mo
Valuation Metrics
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
0
DSCR
8%
Cap Rate
8%
ROI
Property History
| Date | Event | Document | Price | Price/SF | Sold By | Sold To | ||
|---|---|---|---|---|---|---|---|---|
 | | | | | ||||
| | | | | ||||
| | | | | ||||
| | | | | ||||
| | | | | ||||
Due Diligence
Listing Contacts
See All (3)- License: WI 112806-94
- License: WI 111378 - 94
Similar Properties for Sale
virtual tour
$1,400,000
Neenah Commercial Multi-tenant property
Mixed Use Commercial Multi-Tenant Property, 100% leased Investor Opportunity or Redevelopment
WI-76 Clayton, WI 54956
Berkshire Hathaway HS Fox Cities Realty
$295,000
322 Church Avenue
19th Century Greek Revival Home with Endless Possibilities in the Heart of Oshkosh!
322 Church Ave Oshkosh, WI 54901
$399,900
Omro Animal Hospital
Hospitality
645 Hawthorne Dr Omro, WI 54963
$299,000
1803 Shawano Ave - Land for developement
Land in Green Bay WI
1803 Shawano Ave Green Bay, WI 54303
$1,548,000
Fire Station Headquarters
Retail • 9,884 SF
501 S Washington St Green Bay, WI 54301
$1,490,000
Downtown Storefront - Prime Location
Awesome Store Front with Multiple Use Options!
533 E Walnut St Green Bay, WI 54301
$175,000
Storefront Retail Space Downtown Green Bay WI
Storefront Retail Space
519 E Walnut St Green Bay, WI 54301
$429,000
Image by Design LLP
Spectacular Building. Desirable Location. Phenomenal Business!
1101 Service Rd Kiel, WI 53042
Pleasant View Realty
$695,000
Apple Tree Lane B&B on the Crystal River
17 years in business - history of success & profitability!
E3192 Apple Tree Ln Waupaca, WI 54981
$425,000
6028 CTH k
Successful Turn Key Bar and Restaurant with Banquet Hall and Multiple Tenants for passive income.
6028 CTH K Green Bay, WI 54229
$350,000
Cafe Tlazo & former Edsel dealership
Business and Real Estate
607 4th St Algoma, WI 54201
See more properties for sale in Appleton
Broker Information
Broker Information
Broker Name
Neil Schiesl
Broker License
WI 112806-94
Brokerage Name
Drifka Group
Broker Title
Real Estate Sales Person
Broker Name
Tim Ceman
Broker License
WI 111378 - 94
Is there information that looks off? Report
For assistance, reach out to our support team at [email protected] or call 888.273.0423 .