1122 8Th St Manitowoc, WI 54220
- Specialty properties
- 9,623 SF
- 0.46 lot acres
Current Use by Public Records
- Faithful Friends Pet Cremation / Funeral Home
- Jens Family Funeral Services & Crematory / Funeral Home / Cremation Service
Property Details for 1122 8Th St
- Year built
- 1900
- Lot size
- 0.46 lot acres
- Property size
- 9,623 SF
- Property type
- Specialty properties
- APN
- 52-000-285-120.00
- APU
- 5200028512000
Description
This exceptional 9,623-square-foot commercial property located at 1122 S 8th STREET Unit 1120, Manitowoc, Wisconsin, presents a compelling investment opportunity. Situated on a 0.47-acre lot just south of the city's downtown core, this versatile space offers significant potential for a wide range of commercial ventures. Its prime location ensures convenient access to key amenities and high visibility, making it an attractive proposition for businesses seeking a strong presence in the Manitowoc market. The property's substantial size allows for flexible configurations to accommodate various business needs, from retail spaces to offices or light industrial uses. The asking price is $375,000, representing a significant value for a property of this size and location in a thriving Wisconsin community. The property's strategic position near the downtown area offers excellent exposure to foot traffic and vehicular access, enhancing its overall appeal to potential tenants or business owners. This is a rare opportunity to acquire a substantial commercial property in a desirable location, offering significant potential for growth and return on investment. Serious inquiries are encouraged to explore the possibilities this property offers.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $440,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $355,000
- 6.5%
- $365,000
- 7%
- $345,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $365,000
- Geo Method
- $410,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $465,000
- Retail
- $345,000
- Mixed-Use
- $340,000
- Hospitality
- $375,000
- Educational
- $405,000
- Residential Income
- $395,000
- Energy
- $385,000
- Income-Based Land
- $410,000
- Food Service
- $360,000
Location Insight
- Map
- Local Demand
- City
- Manitowoc
- County
- Manitowoc
- State
- Wisconsin
- Longitude
- -87.6582
- Latitude
- 44.0862
- CBSA code
- 31820
- CBSA name
- MANITOWOC, WI MICROPOLITAN STATISTICAL AREA
