Property profile

1301 Cheri Blvd Kenosha, WI 53143

OFF-MARKET
Office Spaces
13,260 SF 2.32 ac lot
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Property summary

AI-generated overview

This exceptional 13,260 square foot executive office building, located at 1301 Cheri Boulevard in Marinette, Wisconsin, presents a unique investment opportunity. Situated on a 2.32-acre lot zoned I-1 Institutional District, this single-story building offers ample space and potential for future expansion. The property boasts 56 parking spaces, ensuring convenient access for employees and clients. The building is currently tax-exempt. High-speed fiber internet is available, and a 208v Caterpillar D100-6 Diesel Generator provides reliable backup power. A portion of the existing office furniture is included in the sale. This prime location offers significant advantages, with proximity to key institutions and businesses. It's conveniently located near the University of Wisconsin Green Bay | Marinette Campus, and within two miles of the new 335,000 square foot Aurora Medical Center - Bay Area Hospital Campus. Furthermore, its close proximity to Fincantieri Marinette Marine, a recent recipient of a substantial $6.05 billion Navy shipbuilding contract, positions this property for strong future growth and potential. The property's APN is 251-01423.001. The asking price is $860,000. This is a rare opportunity to acquire a well-equipped, strategically located executive office building with significant upside potential.

Property profile

Verified
Property type Office Spaces
Total area 13,260 SF
Lot 2.32 ac (101,059 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1301 Cheri Blvd Kenosha, WI 53143
Kenosha metro
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Value estimations

Realmo proprietary · 4 methods
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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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