Manufacturing and Industrial
1912 Columbus Street Two Rivers, WI 54241
1912 Columbus Street, Two Rivers, WI, 54241
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For Sale
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Well-maintained manufacturing/industrial building in Columbus Street Industrial Park with 31,920 SF on 7.93 acres.
Property Size31,920 SF
Lot Size7.93 Acres
Price / SF$40.73
Days on Market41
Property Features for 1912 Columbus Street
General Information
- Standard status
- Active
- Size
- 31,920 SF
- Lot size
- 7.93 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1965
Listing Agency
NAI Pfefferle
(920) 968-4700
Listed by
David Hodge · License #WI 60355-90
Source
Crexi
Added: Jun 11 Updated: Jul 20 at 4:46 pm Checked: Jul 20 at 4:46 pm
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 NAI Pfefferle
Investment Insights
Based on property information with market context.
Well-maintained manufacturing/industrial building located in the Columbus Street Industrial Park. The property includes 31,920 SF of building space and sits on 7.93 total acres, with 5.58 acres designated as developable land.
The site offers convenient access to Manitowoc and Green Bay, and is positioned near downtown Two Rivers.
The acreage mix supports both current building use and additional development opportunity within the same parcel.
The site offers convenient access to Manitowoc and Green Bay, and is positioned near downtown Two Rivers.
The acreage mix supports both current building use and additional development opportunity within the same parcel.
Key Highlights
- Well‑maintained manufacturing/industrial building in Columbus Street Industrial Park
- 31,920 SF building space
- 7.93 total acres, including 5.58 developable land
Local Financial Insights For Industrial
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 | $172.4k | $5.40 |
| − Vacancy | −$3.1k | −$0.10 |
| EGI | $169.3k | $5.30 |
| − OpEx | −$50.8k | −$1.59 |
| NOI | $118.5k | $3.71 |
31,920 SF · lease $5.40/SF/yr · vacancy 1.80% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.69M
$1.48M – $1.97M
NOI $118,486 @ 7.0% cap · market cap 9.11%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.00M
$6.12M – $8.16M
NOI $489,669 @ 7.0% cap · market cap 37.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fiber Spec LLC.
General Contractor
Graphic Design & Screen ...
Marketing & Advertising
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FAQs
What type of property is this?
Manufacturing property - Well-maintained manufacturing/industrial building in Columbus Street Industrial Park with 31,920 SF on 7.93 acres.
Where is this manufacturing property located?
The property is located at 1912 Columbus Street Two Rivers, WI.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Well‑maintained manufacturing/industrial building in Columbus Street Industrial Park; 31,920 SF building space; 7.93 total acres, including 5.58 developable land
