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    1106 University Dr Marinette, WI 54143

    Sponsored
    For Sale
    $425,000

    13,574 SF Medical Office, Vacant, $425,000

    Property size:
    13,574 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13,574-square-foot medical office building, located at 1106 University Drive in Marinette, Wisconsin, presents a compelling investment opportunity. Built in 1997, this single-story structure sits on a 1.452-acre lot and features 48 parking spaces. The property boasts a highly desirable I-1 Institutional District zoning. Its strategic location offers multiple access points to University Drive and Shore Drive, placing it less than 1.5 miles east of the new 335,000-square-foot Aurora Medical Center – Bay Area Hospital Campus and near the University of Wisconsin Green Bay | Marinette Campus. The property benefits from prominent monument signage at a key intersection, enhancing visibility and accessibility. With an assessed value of $1,416,800 (combined) and 2022 taxes totaling $32,629.66 (combined), this vacant building offers significant value-add potential for a discerning buyer. The property's APN is 251-01431.001 & 251-01435.000. This is a rare opportunity to acquire a substantial medical office building in a thriving location with excellent growth prospects. The property is currently vacant, allowing for immediate occupancy and customization to suit a wide range of medical practices.

    Property Features for 1106 University Dr

    General Information

    Property type
    Medical offices
    Square Feet
    13,574 SF
    Lot Size
    63,249 SF

    Building Details

    Year Built
    1997
    Buildings
    1
    Stories
    1

    HighLights

    • 1.88‑acre land parcel.
    • Monument signage at a high‑traffic intersection.
    • Significant value‑add opportunity.
    • Less than 1.5 miles from the new 335,000 SF Aurora Bay Area Medical Center.
    • Proximity to UW Green Bay Marinette Campus.
    • Multiple access points from University and Shore Drives.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Nail Salon Hotel & Motel Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marinette
    County
    Marinette
    State
    Wisconsin
    Longitude
    -87.6206319
    Latitude
    45.0713414

    Nearby Comparable

    • $425,000
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      Office Building with Development Potential

      Office building on 1.88 acres near Aurora Medical Center.
      1106 University Dr, Marinette, WI 54143
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      Marinette Office Building For Sale

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      Prime Marinette Commercial Property

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      3007 Shore Dr, Marinette, WI 54143
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      Marinette Medical Office Building

      7,075 SF Medical Office, Vacant
      1510 University Dr, Marinette, WI 54143
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      Combined Land Near Medical Center

      5.91 acres near Aurora Medical Center and technical college.
      1510 University Dr, Marinette, WI 54143
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      Marinette Mixed-Use Building For Sale

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      Marinette Duplex: Investment Opportunity

      Tenant-occupied duplex in Marinette, WI, with immediate cash flow.
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      Commercial Land with High Visibility

      Highly visible commercial land near Interstate 41 and downtown.
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      Established Marinette Restaurant & Brewery

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      Main Street Commercial Building

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      Prime Development Land Opportunity

      Land with high visibility and multiple access points available.
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    Nearby Similar for Sale

    • $450,000
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      Mixed-Use Building with Large Garage

      Commercial and residential building with income potential and large garage.
      605 Main St, Marinette, WI 54143
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      Marinette Mixed-Use Building For Sale

      Commercial and residential building with large garage on a triple lot.
      605 Main St, Marinette, WI 54143
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      Marinette Duplex: Investment Opportunity

      Tenant-occupied duplex in Marinette, WI, with immediate cash flow.
      622 Main St, Marinette, WI 54143
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      Main Street Commercial Building

      2,000 sq ft commercial building on Main Street.
      1460 Marinette Ave, Marinette, WI 54143
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    • Contact for pricing
      13 SF

      Retail Space Near Walmart Supercenter

      Retail property with high visibility and traffic near Lake Michigan.
      2910 Roosevelt Rd, Marinette, WI 54143
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    • $860,000
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      Marinette Office Building For Sale

      Office building with expansion potential near major employers and hospital.
      1301 Cheri Blvd, Marinette, WI 54143
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    • $425,000
      13,574 SF

      Office Building with Development Potential

      Office building on 1.88 acres near Aurora Medical Center.
      1106 University Dr, Marinette, WI 54143
      View Details
    • $79,900
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      Prime Marinette Commercial Property

      High-yield investment, established tenant.
      3007 Shore Dr, Marinette, WI 54143
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    • $1,750,000
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      Established Marinette Restaurant & Brewery

      Turnkey Restaurant & Brewery, 10,752 sq ft
      2029 Old Peshtigo Rd, Marinette, WI 54143
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    • $209,900
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      Prime Marinette Commercial Space

      8,526 sq ft, 0.2 acre lot, $209,900
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    FAQs

    What type of property is this?
    Medical office - 13,574 SF Medical Office, Vacant, $425,000
    Where is this medical office located?
    The property is located at 1106 University Dr Marinette, WI.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: 1.88-acre land parcel.; Monument signage at a high-traffic intersection.; Significant value-add opportunity.
    Request Owner's contact information
    1106 University Dr Marinette, WI 54143
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1106 University Dr Marinette, WI 54143
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