2516 Neva RdAntigo, WI 54409

For Sale
$375,000

High-Yield Auto Center & Retail Space

Overview

Added:
Feb 3
Days on market:
39
This exceptional investment opportunity presents a 6,000 square foot commercial building located at 2516 Neva Road in Antigo, Wisconsin. The property comprises two distinct units: a thriving auto parts retail store and a fully operational automotive service center. Each unit contributes to a substantial annual rental income, currently generating approximately $40,000 per year under triple net leases. The property features a convenient blacktopped parking area accommodating roughly twelve vehicles, ensuring ample space for customers and employees. This turnkey investment offers immediate passive income potential, with the rental income effectively covering the initial investment over time, leading to a strong monthly cash flow once the initial purchase price is recouped. The building's strategic location in Antigo, Wisconsin, provides excellent visibility and accessibility. This is a rare chance to acquire a well-established commercial property with a proven track record of generating consistent rental income. The seller also has a separate 8,500 square foot building in Rhinelander available for purchase, presenting a potential opportunity for acquiring a larger portfolio. This Antigo property is priced at $375,000 and represents a compelling investment for those seeking a stable and profitable commercial real estate asset.

Property Details for 2516 Neva Rd

Property type
Other commercial real estate
Square Feet
6,000 SF
Year Built
1977

Location Insight

City
Antigo
County
LANGLADE
State
Wisconsin
Latitude
45.1667
Longitude
-89.14849
2516 Neva Rd, Antigo, Wisconsin

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
2516 Neva Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message