$164,800

735 N 11th St

Manitowoc WI, 54220

Description

Completely renovated Retail Store/Office leased through July 2023. Updates include: newer rubber membrane roof, all newer HVAC system, newer double pane windows, newer LED information programmable signage, newly paved lot, and updated electrical and plumbing The exterior is Newly painted. This building is priced at a 10% Cap Rate. Centrally located, close to Public Transportation, easy access to the Downtown, close to other Retail, Gas station, Auto repair, Dog Groomer, Bakery etc. Operate your business in this Building or Purchase as an Investment. Either way Owning this Building is a WIN. Excellent investment is well maintained and updated. The Building to the South, 731 North 11th is also for sale and the two can be purchased as a package. See documents for High Traffic Count Map.

Details

MLS#1708082
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1950
Days On Site93

Features

SQ Feet1,354
Story(s)1
ZoningB-2
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Area Information
StateWI
CountyManitowoc
CityManitowoc
Zip Code54220
AreaManitowoc
Listing VS Median (in 54220)
Price:
$164,800
low | high
Med:
$94,950
92.384708737864% of Average
SqFt:
1,354
low | high
Med:
711
97.525849335303% of Average
$ / SqFt:
$122
low | high
Med:
$33
100% of Average
On Site:
93
low | high
Med:
187.5
49.6% of Average
Listing Updated: December 4, 2020 8:05:54 PM PST
Kevin Neelis LogoMLS Number: 1708082
Listing Provided By:
Kevin Neelis  of  Heritage Real Estate
Listing data provided by Metro MLS. Copyright 2020, Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing