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Strip Center with B-1 Zoning
For Sale
$4,650,000

940 HANSEN Road, Green Bay, WI 54304

Commercial Sale, GREEN BAY, WI

Property SizeContact for details
Lot Size3.19 Acres
Days on Market24

Property Features for 940 HANSEN Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-1
Parking 146
Elementary school district Ashwaubenon
Middle school district Ashwaubenon
High school district Ashwaubenon
Directions Hwy 41 to Oneida St exit. North on Oneida St. West on Hansen Rd. Property on right.
Standard status Active
APN VA-164-5
Lot size 3.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 138,731 SQ FT LOT 1 OF 53 CSM 196 BNG PRT OF PC 24 WSFR
Tax Annual Amount 45960
Legal Description 138,731 SQ FT LOT 1 OF 53 CSM 196 BNG PRT OF PC 24 WSFR

Utilities

Sewer type Public Sewer
Heating system Varies by Unit (Heating), Forced Air, Zoned
Water source Public

Building Details

Year built 2008
Floors in Building 1
Number of units 7
Building materials Aluminum Siding, Block, Brick, Glass
Listing Agency: Besaw Properties, Ltd
Listed By: Timothy J. Besaw · License #52657
Added: Jul 30 Changed: Aug 21 Last Checked: Aug 22 at 1:06AM
MLS# 50329975

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 strip center occupies 3.19 acres and was constructed in 2008. The improvements use aluminum siding, block, brick, and glass, with forced-air heating and zoning that varies by unit. The property is zoned B-1 and includes public water and public sewer service.

Located at 940 Hansen Road in Green Bay, Wisconsin, the center has a tenant mix with lease terms averaging 3–5 years across the property. Heating is provided through forced-air systems, with configurations varying among individual units. The property is offered for sale.

Key Highlights

  • 3.19‑acre strip center parcel
  • Built in 2008
  • B‑1 zoning

Property Analytics

Current Use

Not By Bread ... Restaurant St. Vincent de ... Discount Store Dr. Vicky Holt, ... Physician Northern Bloom Salon Hair Salon Istanbul Fish & Seafood ... Restaurant

Suggested Use

Top Pick Parking Lot & Garage Garden Center Storage Facility Real Estate Agency 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

891
Businesses Nearby
531k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 38% Dining 36% Apparel 21% Groceries 3%
DICK'S Sporting Goods Apparel
79,056 visits/mo 0.5 miles
Hobby Lobby Shops & Services
57,754 visits/mo 0.5 miles
Kwik Trip Shops & Services
52,129 visits/mo 0.1 miles
Olive Garden Dining
36,687 visits/mo 0.2 miles
Jo-Ann Fabric and Craft Shops & Services
30,762 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Established in 2008 with public water and sewer service serving the retail property.
Where is this strip mall located?
The property is located at 940 HANSEN Road Green Bay, WI.
What is the asking price?
The asking price for this property is $4,650,000.
What are key features of this property?
This property features: 3.19‑acre strip center parcel; Built in 2008; B‑1 zoning
More about this property
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