58 and 60 Racine Street

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58 and 60 Racine Street

Menasha, WI 54952-3124
Asking Price
$199K
Asset Type
Storefront Retail
Class
Class B

What's Special

Office/Retail | 1,496 SqFt <ul><li>​New Downtown Building Grant Program for Menasha provides a 1:1 matching grant which provides $1 in City funds for every $1 in private investment up to $50,000 for eligible projects. Improvements may include: facade renovation, roofing, HVAC updates, electrical and plumbing, insulation, structural repairs and ADA enhancements</li><li>​Prime downtown Menasha location with walkable access to shops, restaurants and the riverfront</li><li>​Flexible zoning supports a variety of commercial or

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NOI
$80,000
Cap Rate
40.20%
DSCR
6.77
Strong
Cash-on-Cash
114.21%
Monthly Payment
$984.543
Annual Cash Flow
$68,185.479

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