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933 Elizabeth Ave Marinette, WI 54143

OFF-MARKET Commercial real estate Google Maps
6,000 SF 0.32 ac lot Built 1893
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

This stunning 6,000 square foot commercial property located at 933 ELIZABETH AVENUE, Marinette, WI, presents a unique investment opportunity. Built over 130 years ago, this handsome edifice has served as a beloved community gathering place for generations. The building boasts seating for approximately 200 people, a pipe organ, a piano, and exquisite stained-glass windows. Beyond the main sanctuary, the property includes a balcony, substantial administrative office space, and classrooms. A large lower-level area is perfect for fellowship gatherings, and a fully equipped open kitchen with extensive counter space is ideal for events. The brick structure is in excellent condition, featuring a well-maintained roof and updated mechanical systems. Adding to its appeal is an adjoining 0.32-acre vacant lot, providing ample parking or potential for future expansion. A utility shed is also included on the property. This property is priced at $250,000 and offers a rare chance to acquire a piece of Marinette's history with significant potential for various commercial uses. The attached documents provide further details on the building's features and condition.

Property profile

Verified
Property type Commercial real estate
Year built 1893
Total area 6,000 SF
Lot 0.32 ac (13,939 SF)

Cap rate & NOI

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Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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