Green Bay Mixed-Use Redevelopment
700 Pilgrim Way, Green Bay, WI 54304
218,323 SF mixed-use property on 31 acres near Lambeau Field.
Type:Retail, Office, Mixed Use
Property size:
218,323 SFLot size:
31.00 AcresPrice / SF:
$65/SF- Added:
- Jul 2, 2024
- Days on Market:
- 699
- Last Refresh:
- May 12 at 11:21 pm
Property Features for 700 Pilgrim Way
General Information
- Standard status
- Active
- Size
- 218,323 SF
- Lot size
- 31.00 Acres
- Property subtype
- Retail, Office, Mixed Use
Building Details
- Year Built
- 1987
Listing agent Murray Wikol License #MI 6502108208
Listing office ProVisions
Listing date Jul 2, 2024
Source Crexi
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 ProVisions
HighLights
- Expansive 31‑acre site with 11 Outlot/pad site opportunities
- Flexible B‑3 zoning allows diverse development including multifamily, hotel, retail, and mixed‑use, with potential for high‑rise construction up to 12 stories.
- Strategic location in Green Bay, across from Bay Park Square (Simon Mall) and near Lambeau Field.
- $3.8 million in recent (2022) renovations and ongoing improvements (2025) including interior/exterior upgrades and a 10‑year roof warranty.
- Existing tenants (Ayres Associates Inc., Shopko Optical, Regus) under long‑term leases provide stabilized income.
- Flexible and efficient floor plans with large open workspaces, private offices, a kitchen area with a dining hall.
Overview
Located in Green Bay, the Arboretum at 700 Pilgrim Way is a 218,323-square-foot office and retail property situated on a 31-acre site near Lambeau Field. This two-story, mixed-use building underwent $3.8 million in renovations in 2022, with additional improvements continuing in 2025. These include both interior and exterior upgrades and a 10-year roof warranty. The Arboretum offers efficient floor plans with large open workspaces, private offices, and a kitchen area with a dining hall. The first-floor northwest area is configured to support a restaurant or café, featuring abundant natural light and an open-concept space. Current tenants include Ayres Associates Inc., Shopko Optical, and Regus, all under long-term leases. The property features modern finishes and skylights and includes 11 Outlot/pad site opportunities, ideal for future retail, hotel, or mixed-use development. With B-3 Community Business zoning, the site supports a wide variety of uses including multifamily, office, hotel, retail, research & development, or any mixed-use combination. The zoning allows up to 120 feet in height (approximately 12 stories) by right, allowing high-rise opportunities for hotels, condominiums, multifamily, and commercial uses. This can be increased further with a Conditional Use Permit. The Arboretum is located directly across from Bay Park Square (Simon Mall) and just blocks from Green Bay’s major attractions. The site offers access to Interstates 41 and 43 and is within minutes of Green Bay Austin Straubel International Airport. Seller financing is available.
Property Profile
Location Intelligence
Current Use by Public Records
Shopko Optical Corporate ...
Optometrist
Location Insight
- Map
- Local Demand
- City
- Green Bay
- County
- Brown
- State
- Wisconsin
- Longitude
- -88.059411
- Latitude
- 44.482569
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 218,323 SF mixed-use property on 31 acres near Lambeau Field.
Where is this mixed-use property located?
The property is located at 700 Pilgrim Way Green Bay, WI.
What is the asking price?
The asking price for this property is $14,232,500.
What are key features of this property?
This property features: Expansive 31‑acre site with 11 Outlot/pad site opportunities; Flexible B‑3 zoning allows diverse development including multifamily, hotel, retail, and mixed‑use, with potential for high‑rise construction up to 12 stories.; Strategic location in Green Bay, across from Bay Park Square (Simon Mall) and near Lambeau Field.
