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Mixed-Use Building with Apartment
For Sale
$225,000

1502 Indiana Ave, Sheboygan, WI 53081

Leased office or retail space occupies the main level, with a two-bedroom apartment above.

Property Size5,087 SF
Price / SF$44.23
Days on Market22

Property Features for 1502 Indiana Ave

General Information

Standard status Active
Size 5,087 SF
Total Parking Spaces 6

Building Details

Year Built 1929
Buildings 1
Listing Agency: The Kramer Group LLC
Listed By: Cory Kramer
Source: Nikolicgroup
Added: Aug 9 Changed: Aug 30 Last Checked: Aug 30 at 3:12AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Kramer Group LLC

Investment Insights

Based on property information with market context.

This 5,087-square-foot mixed-use building contains office or retail space on the main floor, currently leased to an occupant. The upper level includes a two-bedroom, one-bath apartment along with additional rooms that remain unfinished. An unused basement provides storage or additional interior area. The property is offered in its current as-is condition.

Constructed in 1929, the building includes a six-car parking lot. Its combination of commercial space, residential quarters, unfinished upper-level rooms, and basement area creates a varied layout within one property.

Key Highlights

  • 5,087 SF mixed‑use building constructed in 1929
  • Main‑floor office or retail space is currently leased
  • Upper level includes a 2‑bedroom, 1‑bath apartment

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Electrical Service Garden Center Daycare Center Grocery & Convenience Store Locksmith Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

854
Businesses Nearby

Demographics for 53081, WI

43,465
Population
20,121
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
23.3 sq mi
ZIP Area
1,865
Density / Sq Mi
$62,401
Median Household Income
$42,329
Median Earnings
$866
Median Rent
$169,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Leased office or retail space occupies the main level, with a two-bedroom apartment above.
Where is this mixed-use property located?
The property is located at 1502 Indiana Ave Sheboygan, WI.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 5,087 SF mixed‑use building constructed in 1929; Main‑floor office or retail space is currently leased; Upper level includes a 2‑bedroom, 1‑bath apartment
More about this property
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