REIT Sale | Former Speedway Convenience Store | 7K VPD | Mondovi, WI

Highlights:

• Freestanding Former Speedway Convenience Store in Mondovi, WI with 7,448 VPD Traffic Counts
• 10% Population Growth from 2020-2024 and 3.72% Future Growth Projected from 2024-2029 (5-Mile)
• Hard Corner with Strategic Highway Frontage and Visibility on E Main Street in Strong Commercial Corridor
• Surrounding Traffic Generators: Dollar Tree, Family Dollar, Carquest Auto Parts, Kwik Trip, Dollar General, U-Haul
• Attractive Demographics with Annual Household Income of ±$77,517 (10-Mile)
• Zoned C-1, Local Commercial District with a Variety of Uses including Gas Station, Retail, Restaurant, and more

Description:

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

https://rimarketplace.com/auction/2824/reit-sale-former-speedway-convenience-store-7k-vpd-mondovi-wi?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2824

Marcus & Millichap and RI Marketplace are pleased to present the opportunity to acquire a vacant, free-standing retail building located at 754 E Main Street, in Mondovi, Buffalo 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 1969, the one-story, free-standing vacant convenience store includes ±1,252 square feet of retail space, 2 sheds, and features a pylon sign. The Property is strategically positioned on a parcel totaling ±1.118 acres of land with 5 surface parking spaces and can be accessed via several points of ingress/egress. Zoned C-1, Local 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 ±$9-$10/SF NNN). The gas pumps and underground storage tanks were removed by the previous tenant, who provided closeout documentation.

Mondovi, Wisconsin is a small but vibrant city in Buffalo County, offers strategic visibility along U.S. Highway 10, making it an attractive corridor for retail and service-oriented commercial development. The city supports a stable business environment with an established mix of local retailers, professional services, and agricultural supply businesses. Mondovi’s walkable downtown and proximity to Eau Claire expand its regional trade potential. The Property is prominently situated along East Main Street with ±7,448 vehicles per day at the corner of Joel Street, a central corridor in Mondovi offering strong visibility and accessibility for retail or service-oriented users. Nearby traffic drivers include Dollar Tree, Family Dollar, Carquest Auto Parts, Kwik Trip, Dollar General, U-Haul. Within a 10-mile trade area, the population totals approximately ±9,359 residents, with an average household income of ±$77,517. The 5-mile population has experienced 10.41% growth from 2020-2024 with 3.72% growth expected to continue through 2029. Mondovi’s strategic location along US-10, its proximity to retail 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: