REIT Sale | Former Speedway Convenience Store | 9K VPD | Ellsworth, WI

Highlights:

• Freestanding Former Speedway Convenience Store on Hard Corner in Ellsworth, WI
• 9,402 VPD Traffic Counts with Highway Frontage and Visibility on US Hwy 10 (W Main Street) in Strong Commercial Corridor
• Surrounding Traffic Generators: McDonald’s, Ace Hardware, Subway, Caribou Coffee, Courthouse, High School, USPS
• Attractive Demographics with Annual Household Income of ±$108,658 and ±14,201 Individuals (10-Mile)
• Zoned C-1, Commercial District with a Variety of Uses including Gas Station, Retail, Restaurant, Daycare, Office, and more
• Absolute $1 Auction - NO RESERVE

Description:

Ri Marketplace Online Auction November 17th-19th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2823/reit-sale-former-speedway-convenience-store-9k-vpd-ellsworth-wi?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2823

Marcus & Millichap and RI Marketplace are pleased to present the opportunity to acquire a vacant, free-standing retail building located at 176 West Main Street in Ellsworth, Pierce County, Wisconsin (the “Property”). Previously occupied by Speedway, the Property is being offered significantly below replacement cost, presenting an attractive opportunity for owner-users or investors to acquire a well-located commercial asset with meaningful value enhancement potential. FIRST BID MEETS RESERVE!

Built in 1966, the one-story, free-standing vacant convenience store includes ±1,573 square feet of retail space and features a pylon sign. The Property is strategically positioned on a parcel totaling ±0.67 acres of land with 3 surface parking spaces and can be accessed via several points of ingress/egress. Zoned C, Commercial district, the Property allows for a variety of commercial uses, providing flexibility for redevelopment or alternative tenant types. This former convenience store provides an outstanding opportunity for investors to capitalize on strong market fundamentals, with potential for value-add through long-term lease-up at market rates (CoStar estimates retail rents at ±$12/SF NNN). The gas pumps have been removed, and the underground storage tanks are scheduled to be removed on 10/22/25, and while this is not a condition of purchase, the previous tenant is obligated to provide appropriate closeout documentation.

Ellsworth is located in Pierce County in western Wisconsin and serves as a small but strategic commercial node within the region. Strategically situated along U.S. Highway 10, Ellsworth benefits from excellent regional connectivity providing direct routes into St. Paul and Minneapolis, Minnesota. The Property is prominently situated along W Main Street (US Highway 10) with ±9,402 vehicles per day at the corner of N Beaulah Street, a central corridor in Ellsworth offering strong visibility and accessibility for retail or service-oriented users. Heavener is located approximately 50 miles southeast of Minneapolis and within commuter distance of the region’s primary employment center. Within a 10-mile trade area, the population totals approximately ±14,201 residents, with an average household income of over $108,658. The population is expected to grow 3.38% through 2029. Ellsworth strategic location along US-10, its proximity to Minneapolis, and its accessible site layout make this Property a strong candidate for repositioning or re-tenanting to serve regional retail or convenience store needs.


Lamar P. Fisher
Fisher Auction Company Inc.
License: 2876-52
The platform fee for this transaction is the greater of 5.00% or a minimum of $20,000.

Documents: