Unlock Prime Investment Opportunities in Oshkosh, Wisconsin
Oshkosh, Wisconsin, a thriving city known for its vibrant community and strategic location, offers exceptional commercial real estate opportunities for savvy investors. Today, we're spotlighting two prime properties on South Washburn Street that promise attractive returns and long-term growth potential.
1111 S Washburn: A Turnkey Investment
This well-maintained commercial property at 1111 S Washburn presents an excellent opportunity for investors seeking a stable, income-generating asset.Key Features:
- Purchase price: $230,000
- Monthly rent: $1,712.17
- Annual taxes: $3,847.37
- Building size: 1,622 sq. ft.
- Land area: 0.34 acres
1081 S Washburn: Growth Potential Unleashed
Just down the street, 1081 S Washburn offers a slightly larger property with even more promising rental income potential.Key Features:
- Purchase price: $335,000
- Potential monthly rent: $2,400
- Annual property taxes: $4,040.82
- Building size: 2,496 sq. ft.
- Land area: 0.29 acres
Why Invest in Oshkosh Commercial Real Estate?
Oshkosh's commercial real estate market is ripe with opportunity for several reasons:- Strategic Location: Situated on the western shore of Lake Winnebago, Oshkosh benefits from its proximity to major cities like Milwaukee and Green Bay.
- Diverse Economy: The city boasts a mix of industries, including manufacturing, education, and tourism, providing a stable economic base.
- Growing Market: With 28 commercial real estate listings currently available in Oshkosh, the market shows signs of healthy activity and growth potential.
- Attractive Pricing: Commercial properties in Oshkosh offer competitive pricing compared to larger metropolitan areas, allowing for potentially higher returns on investment.
The South Washburn Street Advantage
Both properties are located on South Washburn Street, a key commercial corridor in Oshkosh. This location offers:- High visibility and traffic flow
- Proximity to other businesses and amenities
- Easy access for customers and employees
Investment Potential
Let's break down the numbers for these properties:1111 S Washburn:- Annual rental income: $20,546.04
- Annual expenses (taxes): $3,847.37
- Potential net annual income: $16,698.67
- Approximate cap rate: 7.26%
- Potential annual rental income: $28,800
- Annual expenses (taxes): $4,040.82
- Potential net annual income: $24,759.18
- Approximate cap rate: 7.39%
The Oshkosh Advantage
Investing in Oshkosh commercial real estate offers unique benefits:- University Presence: The University of Wisconsin-Oshkosh drives demand for various commercial spaces, from retail to office.
- Tourism Draw: Events like the EAA AirVenture bring thousands of visitors annually, boosting local businesses.
- Industrial Heritage: Oshkosh's strong manufacturing sector provides a solid foundation for economic stability.
Next Steps for Interested Investors
If these properties have piqued your interest, we encourage you to:- Schedule a showing to see the properties firsthand
- Review detailed financial statements and lease agreements
- Consult with a local commercial real estate expert to discuss market trends and potential
Check out these listing pages for more info:
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