3950 Calumet Ave, Manitowoc, WI 54220
Retail property with redevelopment potential on 0.81 acres.
- Added:
- Feb 13, 2026
- Days on Market:
- 134
- Last Refresh:
- Mar 17 at 1:15 pm
Property Features for 3950 Calumet Ave
General Information
- Standard status
- Active
- Size
- 5,740 SF
- Lot size
- 0.81 Acres
- Property subtype
- Business for Sale, Retail
Building Details
- Year Built
- 1977
Listing office Marcus & Millichap - Milwaukee (630) 461-5887
Listing date Feb 13, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Milwaukee
HighLights
- Redevelopment Opportunity
- Large Lot Size: .81 Acres
- Includes Business & Real Estate
- Building Size: 5,740 SF
- Commercial Potential
- Year Built: 1977
Overview
Local 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 | $108.8k | $18.96 |
| − Vacancy | −$2.8k | −$0.49 |
| EGI | $106.0k | $18.47 |
| − OpEx | −$31.8k | −$5.54 |
| NOI | $74.2k | $12.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Manitowoc
- County
- Manitowoc
- State
- Wisconsin
- Longitude
- -87.6976249
- Latitude
- 44.0794355
