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Mixed-Use Condominium Property

7 Sheboygan St, Fond du Lac, WI 54935

For Sale
New
$950,000

The offering pairs ten apartments with two occupied commercial spaces across three condominium units.

Property Size21,469 SF
Price / SF$44.25
Days on Market2

Property Features for 7 Sheboygan St

General Information

Standard status Active
Size 21,469 SF
Property subtype Multifamily
Occupancy 97%

Additional Details

Mixed-Use Components residential, commercial
Multifamily Units 10
Tenant in Place Yes

Amenities

range
refrigerator
dishwasher
microwave
in-unit washer and dryer
designated surface lot parking
8.95 Percent CAP Rate
100 Percent Occupied Residential and Commercial Portfolio
Six One-Bedroom One-Bathroom and Four Two-Bedroom Two-Bathroom Apartment Homes

Building Details

Buildings 1
Units 10
Tenancy Multi
Listing Agency: Milwaukee Office
Listed By: Matt Whiteside
Source: Marcusmillichap
Added: Nov 8 Last Checked: Nov 8 at 3:23PM

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 Milwaukee Office

Rey
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Investment Insights

Based on property information with market context.

Three condominium units at 7 Sheboygan Street are offered together, combining ten apartments with two occupied commercial spaces. The total area is approximately 21,469 square feet: about 11,375 square feet of residential space and 10,094 square feet of commercial space. The apartment mix includes one- and two-bedroom residences ranging from approximately 766 to 1,736 square feet. Each apartment has a range, refrigerator, dishwasher, microwave, and in-unit washer and dryer.

The residential interest is Condominium Unit 200, with a 35 percent share of the common elements. Commercial Units 150 and 300 account for five percent and 24 percent interests, respectively. Other condominium interests in the building are privately held and are not part of this offering. Residents have designated surface parking stalls behind the building. The landlord provides water and sewer service and heats the one-bedroom units; tenants pay specified electric and heating costs.

Key Highlights

  • Three condominium units offered: one residential unit and two commercial units
  • 10 apartments and two occupied commercial spaces
  • Approximately 21,469 square feet in total, including 11,375 square feet residential and 10,094 square feet commercial

Property Analytics

Current Use

Wempners' School Of Dance Training Center Retlaw Apartments Apartment Building Shut Up & Dance! Training Center

Suggested Use

Top Pick Real Estate Agency Dental Office Daycare Center Electrical Service Restaurant Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,241
Businesses Nearby

Demographics for 54935, WI

42,513
Population
19,115
Households
2.2
Avg Household Size
39
Median Age
23%
College-Educated
91%
High-School Grad
15.6 sq mi
ZIP Area
2,725
Density / Sq Mi
$63,060
Median Household Income
$41,338
Median Earnings
$880
Median Rent
$166,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - The offering pairs ten apartments with two occupied commercial spaces across three condominium units.
Where is this mixed-use property located?
The property is located at 7 Sheboygan St Fond du Lac, WI.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Three condominium units offered: one residential unit and two commercial units; 10 apartments and two occupied commercial spaces; Approximately 21,469 square feet in total, including 11,375 square feet residential and 10,094 square feet commercial
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