

Redevelopment Opportunity
Retail | 4,045 SqFt
Marketing description
Bang Realty is pleased to present the exclusive listing for a former IHOP located at 1400 South Koeller Street, Oshkosh, WI 54902. The site consists of roughly 4,045 rentable square feet of building space on an estimated 0.89-acre parcel of land.
Investment highlights
Second-Generation Restaurant Conversion Opportunity | This former IHOP presents a compelling opportunity for an owner-user or operator to reposition an existing second-generation restaurant space with minimal redevelopment costs. The building’s established restaurant configuration allows for efficient conversion to a wide range of restaurant or food service concepts.
High-Exposure, High-Traffic Location | The site benefits from exceptional visibility and access, located just off Interstate-41, which carries over 50,900 vehicles per day, and directly along South Koeller Street, with over 12,300 vehicles per day. This positioning within one of Oshkosh’s primary commercial corridors provides sustained daily traffic, strong drive-by exposure, and convenient ingress/egress for both local and regional consumers.
Strong Local Demographics | The subject property benefits from a robust population base, with approximately 54,600 residents within a three-mile radius and 75,700 residents within a five-mile radius. This strong local population supports consistent consumer demand providing this location with a reliable and accessible customer base.
Positioned for Lease-Up or Redevelopment | With the site currently vacant, investors have flexibility to lease the property at market rents or pursue a range of redevelopment strategies. The property’s prominent frontage and strong visibility directly off of Interstate-41 position it well for QSR, casual dining, or potential multitenant redevelopment opportunities.
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