2001 MARATHON Avenue Neenah, WI $ 16,900,000
2001 MARATHON Avenue
$ 16,900,000
Adult Community
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2001 MARATHON Avenue

Neenah, WI, 54957
$ 16,900,000
Bedrooms-- Baths-- Sq 148,000

Monthly Estimate*

$ 105,434

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Commercial Property for sale in Neenah, WI

for $16,900,000. This 148,000 square foot building was built in 1954 on a lot size of 17.25.

Park Place Holdings is pleased to present an outstanding opportunity to acquire Marathon Flats, a premier 55+ apartment community with two additional commercial spaces in Neenah, Wisconsin. This newly redeveloped 55+ multi-family community offers 61 fully renovated apartment units, 42 storage units, 56 garages, and two commercial spaces, including a long-term lease with Kimberly-Clark. Positioned on 17.25 acres, the property underwent a transformative adaptive reuse conversion in 2023-2024, capitalizing on the growing demand for high-quality, affordable housing for seniors. The excess land allows for future development of additional units, ask for details. Call for more details.

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Commercial Active

Price

$ 16,900,000

Property Type

Commercial

Taxes

$ 107,312

Style

For Sale Real Estate

Lot Size

17.25

Year Built

1954

Town/City

Neenah

County/Region

Winnebago

MLS | Web ID

50304873

Features
General
Sewer Public Sewer
Heating Varies by Unit
Zoning I2
Construction Materials Stone
Year Built 1954
Property Subtype Real Estate
Business Type Assisted Living Industrial Professional/Office
County Winnebago
Property Type Commercial Sale
Status Active-No Offer
Directions Southbound on Hwy 41 exit left onto Winneconne Ave Continue South on S Green Bay Rd. Turn Eastbound on W Cecil St. Turn right onto Marathon Ave.
City NEENAH
Entry Location Airport Nearby Highway Nearby
High School District Neenah
Number Of Units Total 63
Tax Annual Amount 107312.48
Standard Status Active
Year Built Source Public Records
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Interior
Basement Partial
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Exterior
Water Source Public
Foundation Details Slab
Number of Buildings 1
Building Area Total 148000
Lot Size Acres 17.25
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Caleb W Hayes

Listing Agent

Keller Williams Green Bay

Broker

calebhayes@kw.com

Email

Affordability Calculator

$114,377
Per Month
92%
8%
0%
Monthly Principal & Interest
$105,434
Monthly Property Taxes
$8,943
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2118862 Elementary School
2118568 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/14/2025$16,900,000 -3.98% Price Down
3/13/2025$17,600,000 Listed Price

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2001 MARATHON Avenue, Neenah, WI, 54957 is a Commercial Property for sale at $16,900,000 with 148,000 sqft and a lot size of 17.25. 2001 MARATHON Avenue was built in 1954. The property's zip code is 54957 which is in Neenah, WI