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Retail Space For Sale
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345 S Adams St, Green Bay, WI 54301

3,150 SqFt retail space available for purchase.

Property Size3,150 SF
Price / SF$134.89
Days on Market209

Property Features for 345 S Adams St

General Information

Standard status Active
Size 3,150 SF
Property subtype Retail
Zoning D-1

Building Details

Year Built 1857
Year Renovated 2012
Buildings 1
Stories 2
Units 1
Listing Agency: Bay Lakes Commercial Real Estate LLC
Listed By: Pete Roland · License #WI 50930
Source: Crexi
Added: Mar 20 Changed: Oct 11 Last Checked: Oct 12 at 5:06PM

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 Bay Lakes Commercial Real Estate LLC

Investment Insights

Based on property information with market context.

This is a 3,150 square foot retail space available for sale.

Key Highlights

  • Retail Space Available
  • 3,150 SqFt of retail space
  • Built in 1857

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,821
Cap Rate
8.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$696,420 $696.4K
Cap Rate 7%
$497,443 $497.4K
Cap Rate 9%
$386,900 $386.9K
Market Conditions
NOI Build-Up for 3,150 SF
Gross rent
$52.9K $16.80/SF
− Vacancy
−$3.2K −$1.01/SF
EGI
$49.7K $15.79/SF
− OpEx
−$14.9K −$4.74/SF
NOI
$34.8K $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%
$696,420
Cap Rate 7%
$497,443
Cap Rate 9%
$386,900

Alternative Uses

Best Use
Retail
$497.4K
$435.3K – $580.4K (±1% cap)
NOI $34,821 @ 7.0% cap · market cap 8.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$734.4K
$642.6K – $856.8K (±1% cap)
NOI $51,408 @ 7.0% cap · market cap 12.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Captain's Walk Winery Brewery & Distillery

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Auto Parts Store Storage Facility Electrical 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

2,260
Businesses Nearby
26k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 67% Hotels & Casinos 17% Dining 16%
Chase Bank Shops & Services
5,588 visits/mo 0.1 miles
Quality Inn & Suites Downtown Hotels & Casinos
4,504 visits/mo 0.1 miles
A&W Restaurant Dining
4,228 visits/mo 0.2 miles
BMO Harris Bank Shops & Services
3,453 visits/mo 0.5 miles
Shell Shops & Services
3,241 visits/mo 0.2 miles

Demographics for 54301, WI

22,875
Population
10,532
Households
2.2
Avg Household Size
39
Median Age
38%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
3,519
Density / Sq Mi
$76,768
Median Household Income
$45,717
Median Earnings
$929
Median Rent
$205,900
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?
Retail space - 3,150 SqFt retail space available for purchase.
Where is this retail space located?
The property is located at 345 S Adams St Green Bay, WI.
What is the asking price?
The asking price for this property is $424,900.
What are key features of this property?
This property features: Retail Space Available; 3,150 SqFt of retail space; Built in 1857
(920) 621-3294 Call to check price and availability
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