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Green Bay Retail/Restaurant Opportunity
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1464 University Ave, Green Bay, WI

Retail or restaurant property with ample parking and outdoor seating.

Property Size5,428 SF
Lot Size0.49 Acres
Price / SF$128.78
Days on Market294

Property Features for 1464 University Ave

General Information

Standard status Active
Size 5,428 SF
Lot size 0.49 Acres
Property subtype RETAIL
Listing Agency: J Ross & Associates
Listed By: Maddy Bomier
Source: Moodyscre
Added: Oct 14, 2025 Changed: Jul 10 Last Checked: Jul 21 at 6:50AM

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 J Ross & Associates

Investment Insights

Based on property information with market context.

This 5428-square-foot property presents opportunities for restaurant, car dealer, or retail store uses. It features a commercial walk-in cooler and a commercial hood. Ample parking is available, and the property includes outdoor seating.

Key Highlights

  • Ample parking
  • Commercial hood available
  • Commercial walk‑in cooler available

Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $91.2k $16.80
− Vacancy −$5.5k −$1.01
EGI $85.7k $15.79
− OpEx −$25.7k −$4.74
NOI $60.0k $11.05
5,428 SF · lease $16.80/SF/yr · vacancy 6.00% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$1.06M
$928.2K – $1.24M (±1% cap)
NOI $74,255 @ 7.0% cap · market cap 10.62%
Second Best
Retail
$857.2K
$750.0K – $1.00M (±1% cap)
NOI $60,003 @ 7.0% cap · market cap 8.58%
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,585 @ 7.0% cap · market cap 12.67%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Julie's Boutique Clothing & Fashion Store

Suggested Use

Top Pick Real Estate Agency Electrical Service HVAC Service Parking Lot & Garage Daycare Center Computer & Electronic Repair

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

1,524
Businesses Nearby
8k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 72% Hotels & Casinos 28%
Associated Bank Shops & Services
2,792 visits/mo 0.4 miles
Hampton Inn Green Bay Downtown Hotels & Casinos
2,133 visits/mo 0.3 miles
U.S. Bank Shops & Services
1,661 visits/mo 0.3 miles
U-Haul Shops & Services
1,132 visits/mo 0.2 miles

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • El Pastorcito Taco Truck — 1285 Main St, Green Bay, WI 54302

Frequently Asked Questions

What type of property is this?
Restaurant - Retail or restaurant property with ample parking and outdoor seating.
Where is this restaurant located?
The property is located at 1464 University Ave Green Bay, WI.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: Ample parking; Commercial hood available; Commercial walk‑in cooler available
(920) 585-3572 Call to check price and availability
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