Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1704 Memorial Dr Manitowoc, WI 54220

    For Sale
    $395,000

    Prime location, high visibility office/retail space.

    Property size:
    3,440 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional commercial property at 1704 Memorial Drive in Manitowoc, Wisconsin, presents a unique investment opportunity. The main building boasts 3,440 square feet of well-maintained space, ideal for office or retail use. Its previous use as a bank speaks to its robust construction and enduring quality. The layout includes a full basement, adding significant storage capacity. A separate 3,600 square foot storage building is situated on the 1.24-acre lot, providing ample additional space for inventory, equipment, or expansion. The property features a convenient asphalt parking lot, ensuring easy access for customers and employees. Its high-traffic location on Memorial Drive offers unparalleled visibility and exposure. The property's strategic placement next to the Manitowoc Surgery Center and a block from Aurora Hospital and the Memorial Dr Veterinary Clinic guarantees a steady flow of potential customers. Furthermore, a vacant lot at the rear of the property presents exciting possibilities for future development, allowing for expansion or the creation of additional revenue streams. Priced at $395,000, this property offers a compelling combination of location, size, and potential. Don't miss this chance to acquire a valuable asset in a thriving area.

    Property Features for 1704 Memorial Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,440 SF
    Lot Size
    54,014 SF

    Building Details

    Year Built
    1978
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Bicycle & Fitness Co Bicycle Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Building Supply Pharmacy Wholesale Shop Skin Care Clinic Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Manitowoc
    County
    MANITOWOC
    State
    Wisconsin
    Longitude
    -87.6242
    Latitude
    44.12146

    Nearby Similar for Sale

    • $249,000
      4,032 SF

      Manitowoc Retail/Office/Contractor Building For Sale

      Well-maintained commercial building with tenant, storage, and expansion potential.
      4326 Michigan Ave, Manitowoc, WI 54220
      View Details
    • Contact for pricing
      8,225 SF

      Updated Commercial Property with Garage

      Updated commercial property with outdoor seating and two-car garage.
      811 Jay St, Manitowoc, WI 54220
      View Details
    • $399,900
      8,225 SF

      Manitowoc Special Purpose Property

      Updated special purpose property with bar and kitchen equipment included.
      811 Jay St, Manitowoc, WI 54220
      View Details
    • $159,900
      1,728 SF

      Manitowoc Duplex: Investment Opportunity

      Well-maintained duplex near downtown Manitowoc with great rental history.
      1521 Hamilton St, Manitowoc, WI 54220
      View Details
    • $85,000
      0.12 Acres

      Manitowoc Duplex with Garage

      Two-unit property near Westfield Park with detached garage.
      1816 Wollmer St, Manitowoc, WI 54220
      View Details
    • $150,000
      0.18 Acres

      Manitowoc Duplex with Garage

      Well-maintained side-by-side duplex, fully rented, with detached garage.
      3502 W Marshall St, Manitowoc, WI 54220
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime location, high visibility office/retail space.
    Where is this commercial real estate located?
    The property is located at 1704 Memorial Dr Manitowoc, WI.
    What is the asking price?
    The asking price for this property is $395,000.
    (920) 682-0307
    Request Owner's contact information
    1704 Memorial Dr Manitowoc, WI 54220
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1704 Memorial Dr
    Manitowoc, WI 54220
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1704 Memorial Dr Manitowoc, WI 54220
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.