2525 Menasha Ave Restaurant, Manitowoc, WI 54220

Introducing an unbeatable investment opportunity at 2525 Menasha Ave, Manitowoc, WI 54220!

This property boasts 3,360 sq. ft. of space on a sprawling 35,280 sq. ft. lot with a full basement. Renovated in 2022, the building features a mix of tile, vinyl, and wood floors, all topped with a durable composition roof.

With a prime location and fantastic tenants already in place with a lease until 2025, this property generates a monthly rent of $1,600. The attractive numbers continue with monthly expenses such as taxes at $1,700 and insurance at $1,200, resulting in a Net Operating Income (NOI) of $16,300.

The impressive 10.8% cap rate makes this a lucrative investment opportunity for savvy buyers looking to expand their portfolio. Don't miss out on this turnkey property that promises both immediate income and long-term growth potential. Take advantage of this chance to secure a solid investment in a thriving market!