Two-Suite Mixed-Use
New
For Sale
$1,649,000
1800 W MASON Street, Green Bay, WI 54303
Commercial Sale, GREEN BAY, WI
Property Size11,000 SF
Lot Size1.40 Acres
Price / SF$149.91
Days on Market3
Property Features for 1800 W MASON Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
G2 - COMMERCIAL
Parking
60
Elementary school district
Green Bay Area
Middle school district
Green Bay Area
High school district
Green Bay Area
Directions
Military Ave to West on Mason St; right onto north frontage road, continue to property.
Standard status
Active
APN
6-189-1
Lot size
1.40 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
61,060 SQ FT LOTS 2,3 & 4 OF 6 CSM 35 BNG PRT OF LOT 35 OF TANKS SUBD OF PC 2-9 WSFR EX 21 CSM 189
Tax Annual Amount
23242
Legal Description
61,060 SQ FT LOTS 2,3 & 4 OF 6 CSM 35 BNG PRT OF LOT 35 OF TANKS SUBD OF PC 2-9 WSFR EX 21 CSM 189
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Varies by Unit (Heating)
Cooling system
Central Air
Water source
Public
Amenities
flexible use areas
semi-enclosed spaces
offices
bathrooms
receiving area
overhead door
finished storage
kitchenette
walk-thru spaces
full en-suite with shower
reception desk
waiting area
Building Details
Year built
1978
Floors in Building
1
Number of units
2
Building materials
Concrete, Glass
Listing Agency:
Dallaire Realty
(920) 569-0827
Listed By:
Michael D. Wasilkoff · License #91936940
(920) 676-9300
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 10:06PM
MLS# 50334482
Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 11,000-square-foot mixed-use building contains two suites on a 1.4-acre parcel. Suite A offers approximately 6,500 square feet of retail and office area, including offices, three bathrooms, a receiving area with an overhead door, finished storage, and a kitchenette. Suite C comprises approximately 4,500 square feet and is configured with enclosed offices, reception and waiting areas, four public bathrooms, and a kitchenette. It is currently used as a clinic. Both suites are occupied by long-term tenants.
The property is located one block east of I-41 in Green Bay and has G2 - Commercial zoning. Site features include a pole sign and parking for more than 60 vehicles. Public water and public sewer serve the property. The building was constructed in 1978 and has central air conditioning; heating varies by unit.
The property is located one block east of I-41 in Green Bay and has G2 - Commercial zoning. Site features include a pole sign and parking for more than 60 vehicles. Public water and public sewer serve the property. The building was constructed in 1978 and has central air conditioning; heating varies by unit.
Key Highlights
- 11,000‑square‑foot building on 1.4 acres
- Two occupied suites: approximately 6,500 square feet and 4,500 square feet
- Suite A includes a receiving area with an overhead door, three bathrooms, storage, and a kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,294
Cap Rate
8.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,665,880
$2.7M
Cap Rate 7%
$1,904,200
$1.9M
Cap Rate 9%
$1,481,044
$1.5M
Market Conditions
NOI Build-Up for 11,000 SF
Gross rent
$237.6K $21.60/SF
− Vacancy
−$15.4K −$1.40/SF
EGI
$222.2K $20.20/SF
− OpEx
−$88.9K −$8.08/SF
NOI
$133.3K $12.12/SF
Area
Green Bay, WI
Vacancy
6.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,665,880
Cap Rate 7%
$1,904,200
Cap Rate 9%
$1,481,044
Alternative Uses
Best Use
Healthcare Medical
$1.90M
$1.67M – $2.22M
NOI $133,294 @ 7.0% cap · market cap 8.08%
Second Best
Office B
$1.86M
$1.62M – $2.16M
NOI $129,888 @ 7.0% cap · market cap 7.88%
Theoretical Best
Office A
$2.56M
$2.24M – $2.99M
NOI $179,520 @ 7.0% cap · market cap 10.89%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
859
Businesses Nearby
Explore this area
Business Placement
Demographics for 54303, WI
27,478
Population
13,088
Households
2.1
Avg Household Size
36
Median Age
18%
College-Educated
91%
High-School Grad
11.5 sq mi
ZIP Area
2,389
Density / Sq Mi
$58,110
Median Household Income
$38,983
Median Earnings
$859
Median Rent
$160,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Long-term tenants currently occupy the retail and office property, with public water and sewer service.
Where is this mixed-use property located?
The property is located at 1800 W MASON Street Green Bay, WI.
What is the asking price?
The asking price for this property is $1,649,000.
What are key features of this property?
This property features: 11,000‑square‑foot building on 1.4 acres; Two occupied suites: approximately 6,500 square feet and 4,500 square feet; Suite A includes a receiving area with an overhead door, three bathrooms, storage, and a kitchenette
