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Storefront Property with Living Quarters
For Sale
$379,900

2654 CONTINENTAL Drive, Green Bay, WI 54311

Commercial Sale, GREEN BAY, WI

Property Size2,848 SF
Lot Size0.41 Acres
Price / SF$133.39
Days on Market50

Property Features for 2654 CONTINENTAL Drive

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial
Basement Partial
Elementary school district Green Bay Area
Middle school district Green Bay Area
High school district Green Bay Area
Directions Manitowoc rd. to Continental dr.
Standard status Active
APN B-97-3
Lot size 0.41 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3251

Utilities

Sewer type Public Sewer
Cooling system Central Air
Water source Public

Building Details

Year built 1951
Building materials Vinyl Siding
Listing Agency: Keller Williams Green Bay · Keller Williams Realty
Listed By: Edward T. Rudd
Added: Aug 18 Changed: Oct 5 Last Checked: Oct 6 at 7:06PM
MLS# 50331427

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.

Investment Insights

Based on property information with market context.

This commercial storefront property includes 2,848 square feet of building area, an attached garage, and living quarters on the upper level. The interior is currently configured for retail use with broad open space. Approximately half of the building includes a full-height basement, providing additional functional area. Outdoor signage is in place, and the property has vinyl siding and central air conditioning.

The site encompasses 0.41 acres at 2654 Continental Drive in Green Bay, Wisconsin. It is zoned commercial and served by public water and public sewer. The building dates to 1951, with windows replaced in 2018. The combination of storefront space, accessory areas, and upper-level quarters creates a property with multiple existing components for continued commercial use.

Key Highlights

  • 2,848 SF commercial building on a 0.41‑acre site
  • Attached garage and upper‑level living quarters
  • Approximately half the building includes a full‑height basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$31,483
Cap Rate
8.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,660 $629.7K
Cap Rate 7%
$449,757 $449.8K
Cap Rate 9%
$349,811 $349.8K
Market Conditions
NOI Build-Up for 2,848 SF
Gross rent
$47.8K $16.80/SF
− Vacancy
−$2.9K −$1.01/SF
EGI
$45.0K $15.79/SF
− OpEx
−$13.5K −$4.74/SF
NOI
$31.5K $11.05/SF
Area
Green Bay, WI
Vacancy
6.00%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$629,660
Cap Rate 7%
$449,757
Cap Rate 9%
$349,811

Alternative Uses

Best Use
Retail
$449.8K
$393.5K – $524.7K (±1% cap)
NOI $31,483 @ 7.0% cap · market cap 8.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$664.0K
$581.0K – $774.7K (±1% cap)
NOI $46,479 @ 7.0% cap · market cap 12.23%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Josephine's Attic (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Hair Salon Restaurant Spa & Massage Center

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

209
Businesses Nearby
172k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Home Improvements & Furnishings 50% Groceries 28% Shops & Services 16% Dining 4%
Menards Home Improvements & Furnishings
53,264 visits/mo 0.4 miles
Skogen's Festival Foods Groceries
48,960 visits/mo 0.5 miles
The Home Depot Home Improvements & Furnishings
28,310 visits/mo 0.1 miles
BP Shops & Services
20,003 visits/mo 0.3 miles
Dorsch Ford Lincoln KIA Shops & Services
6,766 visits/mo 0.3 miles

Demographics for 54311, WI

37,532
Population
15,047
Households
2.5
Avg Household Size
38
Median Age
33%
College-Educated
94%
High-School Grad
68.2 sq mi
ZIP Area
550
Density / Sq Mi
$83,178
Median Household Income
$43,191
Median Earnings
$1,063
Median Rent
$272,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Storefront property - Commercial storefront with open retail space, an attached garage, and upper-level living quarters.
Where is this storefront property located?
The property is located at 2654 CONTINENTAL Drive Green Bay, WI.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: 2,848 SF commercial building on a 0.41‑acre site; Attached garage and upper‑level living quarters; Approximately half the building includes a full‑height basement
More about this property
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