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Mixed-Use Property with Two Apartments
New
For Sale
$700,000

831 MICHIGAN Avenue, Sheboygan, WI 53081

Commercial Sale, SHEBOYGAN, WI

Property SizeContact for details
Lot Size0.21 Acres
Days on Market5

Property Features for 831 MICHIGAN Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial & Residential
Basement Full
Elementary school district Sheboygan Area
Middle school district Sheboygan Area
High school district Sheboygan Area
Directions 1. Superior Ave heading west 2. Turn left onto N 14th St 3. Continue south on N 14th St 4. Turn right onto Michigan Ave 5. Arrive at 831
Standard status Active
APN 59281102760
Lot size 0.21 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2512

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1940
Number of units 4
Building materials Block, Brick, Concrete, Vinyl Siding
Listing Agency: Shorewest, Realtors
Listed By: Nolan J. Appleton · License #94-110895
Added: Sep 7 Changed: Sep 11 Last Checked: Sep 11 at 9:06AM
MLS# 50332240

Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This mixed-use property at 831 Michigan Avenue includes two commercial spaces on the main level and two residential apartments above. One commercial suite has an open-concept layout identified for spa, salon, or wellness use, while the second is occupied by an insurance agency office. Each upstairs apartment is approximately 1,000 square feet and provides a separate residential component within the building.

The property occupies 0.21 acres in downtown Sheboygan, near local businesses, restaurants, and entertainment. Built in 1940, the structure incorporates block, brick, concrete, and vinyl siding construction. Building systems include forced-air heating, central air, public water, and public sewer. The property is designated for commercial & Residential use.

Key Highlights

  • Two main‑level commercial spaces, including an open‑concept suite for spa, salon, or wellness use
  • Two upstairs residential apartments, each approximately 1,000 sqft
  • 0.21‑acre mixed‑use property at 831 MICHIGAN Avenue, SHEBOYGAN, WI 53081

Property Analytics

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Current Use

Georgebee Home Healthcare Home Health Care Service Scott's Home Improvements Hardware & Home Improvement

Suggested Use

Top Pick HVAC Service Electrical Service Furniture & Home Goods Catering Service Grocery & Convenience Store (Bike/Boat/Book/etc) 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.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,418
Businesses Nearby

Demographics for 53081, WI

43,465
Population
20,121
Households
2.2
Avg Household Size
38
Median Age
22%
College-Educated
90%
High-School Grad
23.3 sq mi
ZIP Area
1,865
Density / Sq Mi
$62,401
Median Household Income
$42,329
Median Earnings
$866
Median Rent
$169,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial suites and upstairs residences combine business and housing uses in a downtown setting.
Where is this mixed-use property located?
The property is located at 831 MICHIGAN Avenue Sheboygan, WI.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Two main‑level commercial spaces, including an open‑concept suite for spa, salon, or wellness use; Two upstairs residential apartments, each approximately 1,000 sqft; 0.21‑acre mixed‑use property at 831 MICHIGAN Avenue, SHEBOYGAN, WI 53081
More about this property
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