1201 Bayshore Dr Manitowoc, WI 54220
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.