Search
Mixed-Use Building with Apartments
For Sale
$700,000

831 Michigan Avenue, Sheboygan, WI 53081

Two commercial suites occupy the main level, with two residential apartments above.

Property SizeContact for details
Days on Market135

Property Features for 831 Michigan Avenue

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $2,512

Building Details

Tenancy Multi
Listing Agency: Shorewest, Realtors
Listed By: Nolan Appleton · License #94-110895
Source: Exprealty
Added: Apr 10 Changed: Aug 21 Last Checked: Aug 22 at 10:26AM

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 Shorewest, Realtors

Investment Insights

Based on property information with market context.

Located at 831 Michigan Avenue in downtown Sheboygan, this mixed-use building combines commercial and residential space within one property. The ground floor contains two established business suites, including an open-concept layout suited to spa, salon, or wellness operations and a separate insurance agency office.

The upper level includes two residential apartments, each approximately 1,000 square feet, providing additional occupancy within the building. The property is positioned among downtown businesses, restaurants, and entertainment venues, placing both commercial and residential components within an active urban setting.

Key Highlights

  • Two established commercial suites on the main level
  • Open‑concept commercial suite suited to spa, salon, or wellness use
  • Separate insurance agency office included

Property Analytics

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

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

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial suites occupy the main level, with two residential apartments above.
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 established commercial suites on the main level; Open‑concept commercial suite suited to spa, salon, or wellness use; Separate insurance agency office included
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message