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    115 Pine St Green Bay, WI 54301

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    For Sale
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    Downtown Green Bay Office Space: Value-Add Opportunity

    Property size:
    117,135 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A, six-story office building, totaling 117,135 square feet, presents a unique value-add investment opportunity in the heart of revitalized Downtown Green Bay, Wisconsin. The property, built in 2000, features five units across one building situated on a 0.44-acre lot zoned R1. The building boasts a prime location directly on the Fox River's CityDeck boardwalk, a vibrant quarter-mile promenade offering dock spaces and access to the Fox River State Recreational Trail. The CityDeck's Main Stage, located at the WaterMark Building, features bleacher seating and theatrical lighting, hosting various community events. Suite 103 on the first floor provides direct access to the CityDeck and Fox River. Included in the sale is a connected three-story parking structure with 167 stalls, offering ample parking for tenants and visitors. The building's diverse office space caters to various needs, encompassing creative, executive, and traditional office subtypes, making it suitable for a range of businesses. The property's prominent location offers unparalleled visibility and accessibility, making it an ideal investment for those seeking a high-profile presence in a thriving downtown area. The building's multi-tenant structure provides flexibility and potential for increased revenue streams. This NNN lease property presents a rare chance to acquire a landmark building in a rapidly growing downtown area, offering significant potential for future appreciation.

    Property Features for 115 Pine St

    General Information

    Property type
    Office space
    Square Feet
    117,135 SF
    Class
    A
    Lot Size
    19,166 SF

    Building Details

    Year Built
    2000
    Buildings
    1
    Stories
    6
    Units
    5

    HighLights

    • 117,135 SF Class A multi‑tenant office building in downtown Green Bay, WI.
    • Value‑add investment opportunity with a NNN lease structure.
    • Six‑story building constructed in 2000, situated on a 0.44‑acre lot with R1 zoning.
    • Includes a 167‑stall, three‑story parking structure.
    • Prime retail space available with high visibility on Washington Street, featuring over 130 feet of all‑glass frontage.
    Property Profile Location Intelligence

    Current Use by Public Records

    ISG Engineering Consultant Broken Spoke Bike ... Bicycle Shop River Ramp Parking Garage

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Green Bay
    County
    Brown
    State
    Wisconsin
    Longitude
    -88.0153555
    Latitude
    44.5165369

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    FAQs

    What type of property is this?
    Office space - Downtown Green Bay Office Space: Value-Add Opportunity
    Where is this office space located?
    The property is located at 115 Pine St Green Bay, WI.
    What are key features of this property?
    This property features: 117,135 SF Class A multi-tenant office building in downtown Green Bay, WI.; Value-add investment opportunity with a NNN lease structure.; Six-story building constructed in 2000, situated on a 0.44-acre lot with R1 zoning.
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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
    115 Pine St Green Bay, WI 54301
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