114 8th St Manitowoc, WI 54220-4604
- Investment properties
- 3,705 SF
- 0.03 lot acres
Current Use by Public Records
- Investment properties
Property Details for 114 8th St
- Year built
- 1900
- Lot size
- 0.03 lot acres
- Property size
- 3,705 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 52-000-175-011.00
- APU
- 5200017501100
Description
This exceptional investment opportunity in Manitowoc, Wisconsin, presents a unique blend of commercial and residential properties. The property at 114 N 8th STREET encompasses a 3,705 square foot finished retail space, ideal for generating supplemental income. This versatile commercial area offers significant potential for a variety of businesses. In addition to the retail space, the property includes a beautifully updated one-bedroom condo, providing comfortable living quarters. A key feature of the condo is its private rooftop deck, offering stunning views and a tranquil outdoor space. The entire property sits on a 0.03-acre lot, conveniently located in Manitowoc. The asking price for this combined commercial and residential property is $499,900. This is a rare chance to acquire a property that offers both income-generating potential and comfortable living arrangements in a single location. The finished retail space is ready for immediate occupancy, while the updated condo provides a move-in ready living space. Don't miss this chance to own a unique and profitable property in a desirable location. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $100,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $85,000
- 6.5%
- $75,000
- 7%
- $90,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $90,000
- Geo Method
- $80,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $75,000
- Retail
- $70,000
- Mixed-Use
- $65,000
- Hospitality
- $85,000
- Educational
- $85,000
- Residential Income
- $80,000
- Energy
- $80,000
- Income-Based Land
- $80,000
- Food Service
- $80,000
Location Insight
- Map
- Local Demand
- City
- Manitowoc
- County
- Manitowoc
- State
- Wisconsin
- Longitude
- -87.658
- Latitude
- 44.0935
- CBSA code
- 31820
- CBSA name
- MANITOWOC, WI MICROPOLITAN STATISTICAL AREA