1516 Washington Blvd Two Rivers, WI 54241
This exceptional 13,638 square foot executive office building, located at 1516 Washington Blvd in Two Rivers, Wisconsin, presents a compelling investment opportunity. Situated on a substantial 1.384-acre lot, this two-story property boasts a prominent corner location with convenient access from Washington and 16th Streets, offering excellent visibility and ample signage opportunities. The property's B1 (Business District) zoning allows for a variety of uses. Currently configured as an executive office space, the building features two existing drive-thru lanes, providing significant potential for various business models. The property's existing infrastructure presents an attractive option for reuse, while the generous lot size also allows for redevelopment possibilities, catering to a wide range of entrepreneurial visions. The asking price is $795,000. The property's address is 1516 Washington Blvd, Two Rivers, WI 54241, and its APN is 0530-000-720-130-4. This prime location in Manitowoc County offers a unique blend of established infrastructure and redevelopment potential, making it an ideal investment for discerning buyers seeking a high-impact commercial property in a thriving Wisconsin community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.