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Property profile & analytics
OFF-MARKET
Office Spaces

1201 Bayshore Dr Manitowoc, WI 54220

3,500 SF 6.46 ac lot
Property ID
Property summary
AI-generated overview

This exceptional opportunity presents 6.46 acres of vacant, commercially zoned (B-3) land in Manitowoc, Wisconsin, ideally situated on Bayshore Drive at 1201. The property offers 3,500-3,700 square feet of buildable space for single-tenant occupancy, perfect for creative or traditional office development. All utilities are included: water, sewer, storm water connection, electric, and gas. The location boasts unobstructed Lake Michigan views and is part of Manitowoc's Tif District 18, benefiting from tax increment financing. This development is conveniently located on Manitowoc-Two Rivers' main corridor (17,500 cars per day in 2017), providing easy access from I-43 via Waldo Boulevard. The site is directly north of Manitowoc's only office park and across Waldo Boulevard from it, placing your business in a thriving commercial area. Join established businesses like BayCare Clinics, Community First Credit Union, Angelus Senior Living, and Rivers Edge Apartments. Future development plans include condos and enhanced amenities such as trails, a boardwalk, and a pedestrian bridge connecting to Manitowoc's Mariner's Trail and Lincoln Park. The land is highly versatile, allowing for subdivision or merging to accommodate various development needs. The price per acre reflects a compelling land value of $348,142. Don't miss this chance to build your dream office space in a prime location.

Property profile
Verified
Property type Office Spaces
Total area 3,500 SF
Lot 6.46 ac (281,398 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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