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    1301 Cheri Blvd Kenosha, WI 53143

    Sponsored
    For Sale
    $860,000

    13,260 SF Office Building - $860,000

    Property size:
    13,260 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 13,260 square foot executive office building, located at 1301 Cheri Boulevard in Marinette, Wisconsin, presents a unique investment opportunity. Situated on a 2.32-acre lot zoned I-1 Institutional District, this single-story building offers ample space and potential for future expansion. The property boasts 56 parking spaces, ensuring convenient access for employees and clients. The building is currently tax-exempt. High-speed fiber internet is available, and a 208v Caterpillar D100-6 Diesel Generator provides reliable backup power. A portion of the existing office furniture is included in the sale. This prime location offers significant advantages, with proximity to key institutions and businesses. It's conveniently located near the University of Wisconsin Green Bay | Marinette Campus, and within two miles of the new 335,000 square foot Aurora Medical Center - Bay Area Hospital Campus. Furthermore, its close proximity to Fincantieri Marinette Marine, a recent recipient of a substantial $6.05 billion Navy shipbuilding contract, positions this property for strong future growth and potential. The property's APN is 251-01423.001. The asking price is $860,000. This is a rare opportunity to acquire a well-equipped, strategically located executive office building with significant upside potential.

    Property Features for 1301 Cheri Blvd

    General Information

    Property type
    Office space
    Square Feet
    13,260 SF
    Lot Size
    101,059 SF

    Building Details

    Stories
    1

    HighLights

    • High‑speed fiber internet access.
    • On‑site 208v Caterpillar D100‑6 diesel generator.
    • Ample excess land for future expansion.
    • Select office furniture included in sale.
    • Convenient location near the University of Wisconsin Green Bay, Marinette Campus.
    • Prime location near Fincantieri Marinette Marine, recipient of a recent $6.05 billion Navy shipbuilding contract.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Kenosha
    County
    Marinette
    State
    Wisconsin
    Longitude
    -87.8304145
    Latitude
    42.564798

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    FAQs

    What type of property is this?
    Office space - 13,260 SF Office Building - $860,000
    Where is this office space located?
    The property is located at 1301 Cheri Blvd Kenosha, WI.
    What is the asking price?
    The asking price for this property is $860,000.
    What are key features of this property?
    This property features: High-speed fiber internet access.; On-site 208v Caterpillar D100-6 diesel generator.; Ample excess land for future expansion.
    Request Owner's contact information
    1301 Cheri Blvd Kenosha, WI 53143
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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
    1301 Cheri Blvd Kenosha, WI 53143
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