Green Bay Mixed-Use Redevelopment
For Sale
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700 Pilgrim Way, Green Bay, WI 54304
218,323 SF mixed-use property on 31 acres near Lambeau Field.
Property Size218,323 SF
Lot Size31.00 Acres
Price / SF$65.19
Days on Market157
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
Zoning
B-3 Business
Occupancy
47%
Lease Type
NNN
Investment Type
Value Add
Building Details
Year Built
1987
Year Renovated
2022
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
ProVisions
(248) 988-9341
Listed By:
Murray Wikol · License #MI 6502108208
Source:
Crexi
Added: Mar 26
Changed: Aug 26
Last Checked: Aug 26 at 2:11PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,045
Businesses Nearby
Explore this area
Business Placement
Demographics for 54304, WI
27,679
Population
12,997
Households
2.1
Avg Household Size
39
Median Age
28%
College-Educated
93%
High-School Grad
11.7 sq mi
ZIP Area
2,366
Density / Sq Mi
$60,369
Median Household Income
$38,926
Median Earnings
$935
Median Rent
$200,800
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
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.
