Eagle Nation cycle shop in Neenah leased to new tenant
NEENAH, Wis. (WBAY) - A troubled business in Neenah is closed, and the property is being leased to a new tenant. Our radio partner, WHBY, reports owner Steve Erato is shutting down Eagle Nation Cycles on Main St.
Neenah Mayor Dean Kaufert says Bergstrom Automotive is now leasing the site.
Eagle Nation has a long legal history, with a botched drug raid in 2012 that led to a federal lawsuit, a 2015 hostage standoff that led to police shooting and killing a hostage, and an incident earlier this year where police say suspects in a fatal stabbing fled to the Eagle Nation shop nearby.
On Thursday, a construction crew was at the property. Outside the building there’s a fresh coat of paint, covering up any hint of what this building’s past might have been.
Property owner Steve Erato says it was John Bergstrom who reached out.
“It was a very good agreement. I’m very glad it happened. I personally did not want to deal with the city. I’ve had too many issues with them,” added Erato.
Erato says Bergstrom also provided help moving out equipment that was a part of his machine shop.
He said, “I was told they needed room for the plaza and some automotive parts, and I guess just storage.”
The City of Neenah declared it part of a blighted development area and offered to buy the property earlier this year.
“We had some discussions. I expressed to Mr. Bergstrom that any help would be appreciated because the channels that I would looking after which would be much more aggressive and probably have to go through the court system, so I think this is a good solution,” said Kaufert.
The building continues to be up for sale.
If there is an offer, Bergstrom has first right of refusal under the lease agreement. The city hopes to eventually redevelop the entire block.
Kaufert added, “At some point the city is going to need that property along with the few remaining properties to have, number one, either some development or utilize that area for a parking ramp. So in the short term this takes that off my plate and I think it’s a win-win.”
Action 2 News did reach out to Bergstrom for comment, who hasn’t gotten back to us.
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