682 S Pier Dr, Sheboygan, WI 53083

Building Details

Buildings 1 More

Listing Agency: RE/MAX Universal a***@gmail.com Show Phone

Listed By: Tori Dietrich Torres Show Phone

Source: Exprealty

Added: Oct 29 Changed: Nov 5 Last Checked: Nov 6 at 1:57PM

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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 RE/MAX Universal

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This 3,704-square-foot retail property is currently operating as a hair salon. Its open-concept interior includes a balcony overlooking the main floor, and the building is designed for ADA accessibility. Energy-efficient construction is also a property feature. The existing layout may accommodate retail, wellness, restaurant, or specialty uses, subject to approvals.

The building fronts 70 feet of waterfront along Sheboygan’s South Pier and is the first commercial property on the pier. A City parking lot with more than 30 spaces is adjacent to the property.

Key Highlights

• 3,704‑square‑foot retail property currently operating as a hair salon
• 70 feet of waterfront frontage on Sheboygan’s South Pier
• Open‑concept interior with a balcony overlooking the main floor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$40,911

Cap Rate

5.89%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$818,220 $818.2K

Cap Rate 7%

$584,443 $584.4K

Cap Rate 9%

$454,567 $454.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,704 SF

Gross rent

$60.0K $16.20/SF

− Vacancy

−$1.6K −$0.42/SF

EGI

$58.4K $15.78/SF

− OpEx

−$17.5K −$4.73/SF

NOI

$40.9K $11.05/SF

Area

Sheboygan County, WI

Vacancy

2.60%

Lease Rate

$16.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$818,220

Cap Rate 7%

$584,443

Cap Rate 9%

$454,567

Alternative Uses

Best Use

Retail

$584.4K

$511.4K – $681.9K (±1% cap)

NOI $40,911 @ 7.0% cap · market cap 5.89%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$807.3K

$706.4K – $941.8K (±1% cap)

NOI $56,508 @ 7.0% cap · market cap 8.13%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

AA Phoenix Fishing ... Tour Operator Happy Hooker Sportfishing ... Tour Operator Jomaji Salon & Spa Hair Salon

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Pharmacy Big Box & Wholesale Store Auto Parts Store

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

1,222

Businesses Nearby

7k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 56% Dining 29% Hotels & Casinos 15%

U.S. Bank Shops & Services

2,851 visits/mo 0.4 miles

Jimmy John's Dining

1,940 visits/mo 0.3 miles

Wingate Hotels & Casinos

1,003 visits/mo 0.3 miles

Marine Credit Union Shops & Services

828 visits/mo 0.5 miles

Demographics for 53083, WI

21,768

Population

9,336

Households

2.3

Avg Household Size

42

Median Age

36%

College-Educated

97%

High-School Grad

32.5 sq mi

ZIP Area

670

Density / Sq Mi

$77,739

Median Household Income

$47,255

Median Earnings

$1,001

Median Rent

$235,500

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Currently configured as a hair salon, the property has an open interior and ADA-accessible design.

Where is this retail space located?

The property is located at 682 S Pier Dr Sheboygan, WI.

What is the asking price?

The asking price for this property is $695,000.

What are key features of this property?

This property features: 3,704‑square‑foot retail property currently operating as a hair salon; 70 feet of waterfront frontage on Sheboygan’s South Pier; Open‑concept interior with a balcony overlooking the main floor