Current Use by Public Records
- Rejuvenation Therapeutic Massage / Alternative Medicine Practice / Spa & Massage Center
Property Details for 1408 Washington St
- Lot size
- 0.11 lot acres
- Property type
- Specialty properties
Description
This exceptional mixed-use property at 1408 Washington Street in Manitowoc, Wisconsin, presents a unique investment opportunity. Priced at $375,000, this 0.11-acre lot boasts two fully rented retail spaces, generating immediate income. Adding to its appeal, two apartments are currently under construction, offering potential for additional rental income or owner occupancy upon completion. The building's downtown Manitowoc location provides excellent visibility and access to local amenities. This turnkey property is ideal for investors seeking a blend of established rental income and future growth potential. While the exact building size (RSF and USF) and number of floors are not specified, the property's current state and potential for future development make it a compelling investment. The existing retail spaces ensure a steady cash flow, while the apartments under construction offer the opportunity to increase the property's value and rental income. This is a rare chance to acquire a well-situated mixed-use building in a thriving Wisconsin community. The property is located in Manitowoc County, Wisconsin, with a zip code of 54220.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Manitowoc
- County
- Manitowoc
- State
- Wisconsin
- Longitude
- -87.6666
- Latitude
- 44.089
