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    Manitowoc, WI
    Conventional Restaurant

    Manitowoc, WI Conventional Restaurants for Sale

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    Two Rivers, WI Newton, WI Francis Creek, WI Whitelaw, WI Mishicot, WI Valders, WI Cleveland, WI Saint Nazianz, WI
    Papa Johns-Anchored Retail Space
    Updated: Jul 1, 2024
    Papa Johns-Anchored Retail Space

    3810 Calumet Ave, Manitowoc, WI 54220

    $2,000,000
    4,875 sqft 0.78 AC lot
    Papa Johns will be the anchor tenant
    4,875 SF gross leasable area
    3 total spaces of 1,500 sq ft + each
    2 additional spaces available for lease
    Built in 2024
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    This listing looks promising.

    Here's a quick look at some key insights for

    3810 Calumet Ave, Manitowoc, WI 54220

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    • Est. Cap Rate

      3.7%
      NOI ÷ price

    • Est. NOI

      $75K
      Annual

    • Mortgage

      $195K
      Aug 2021

    • Last Sold

      Aug 2021
      $290K
    View Property Analytics
    Restaurant Building with Open Floor Plan
    Updated: Aug 7
    Restaurant Building with Open Floor Plan

    1801 Johnston Dr, Manitowoc, WI 54220

    $149,900
    2,551 sqft 2.12 AC lot
    2.12‑acre site in Manitowoc, WI
    2,551 square feet of building area
    B‑3 zoning for intensive business use
    Open floor plan with kitchen area and small office
    2 bathrooms and a 1 car attached garage
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    Turn-Key Restaurant Building
    Turn-Key Restaurant Building

    2604 Custer STREET, Manitowoc, WI 54220

    $550,000
    4,352 sqft

    Established full-service restaurant offering approximately 120 guest seating plus a full basement with walk-in cooler and freezer.

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    Retail Strip Center For Sale
    Retail Strip Center For Sale

    3810 Calumet Ave, Manitowoc, WI 54220

    Contact for pricing
    4,875 sqft

    Retail strip center anchored by Papa Johns, built in 2024.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Manitowoc, WI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Gas Station and Convenience Store
    Gas Station and Convenience Store

    1441 N 26th St, Sheboygan, WI 53081

    $3,400,000
    7,634 sqft 0.47 AC lot

    Turn-key fuel and retail site with an attached restaurant in Sheboygan.

    View details
    Updated Restaurant with Large Kitchen
    Updated Restaurant with Large Kitchen

    3827 Superior Ave, Sheboygan, WI 53081

    $980,000
    2,600 sqft

    Nicely updated restaurant offering a spacious dining room, large kitchen, and newly built parking lot with about 40 spaces.

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    Restaurant With Upstairs Apartments
    Restaurant With Upstairs Apartments

    301 Ellis St, Kewaunee, WI 54216

    $289,000
    4,645 sqft

    Commercial restaurant property with a fully equipped kitchen and two residential units above.

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    Mixed-Use Restaurant Property
    Mixed-Use Restaurant Property

    301 Ellis St, Kewaunee, WI 54216

    $285,000
    4,645 sqft

    Restaurant space with a fully equipped kitchen and two upper-level apartments under GC zoning.

    View details

    Manitowoc, WI Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Manitowoc, WI, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 16,653 square feet of properties for sale, with an estimated market value of $2,699,900.

    Sale prices for conventional restaurants in Manitowoc, WI start at $149,900, averaging $899,966, and reaching up to $2,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 4
    Bars & Pubs 2

    Demographics Overview

    Population 41K
    Population Growth (5Y) +4.3%
    Median Household Income $65,188
    College Educated 15.5%

    High-Yield Neighborhoods for Investment

    Identify Manitowoc submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    54220 $1.1M

    Taxes & Financing

    Tax Rate (average for all types) 1.63%
    Property Tax per SF $17.86 per SF
    Tax Rate vs County Average 0.08 pp below county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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