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Property profile & analytics
OFF-MARKET
Investment properties

1216 8th St Sheboygan, WI 53081-3404

6,222 SF 0.06 ac lot Built 1940
Entity Owned Free & Clear
Property ID
US92-1041362
Property summary
AI-generated overview

This exceptional turnkey business opportunity presents the chance to acquire the well-established Norman's Hi Lo Bakery, located at 1216 N 8th St, Sheboygan, WI 53081. The property boasts a total of 4,428 square feet and is offered at $639,000 ($144.31/sq ft). The sale includes all assets necessary for immediate operation, eliminating the need for extensive start-up costs. This includes two delivery vans, all baking equipment, established recipes (including the renowned Sheboygan Hard Roll), comprehensive customer lists, the established brand and business name, and even employee training. The property itself features a newly installed retail counter, a convenient two-car garage complete with a walk-in freezer, and a substantial 2,000+ square foot apartment on the second floor. This apartment offers three bedrooms, two bathrooms, and two living rooms, along with the added convenience of an in-unit washer and dryer. The bakery has experienced significant sales growth over the past two years, indicating a strong foundation for continued success and potential expansion. Detailed financial information is available upon execution of a non-disclosure agreement. This is a rare opportunity to acquire a thriving business with all the necessary components for immediate operation and future growth. APN: 59281102850 and 59281102830.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1940
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,222 SF
Lot 0.06 ac (2,400 SF)
Zoning code BA7
APN 59281102850
UPID US92-1041362
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
Current use
Occupant on record · Public records
  • Hi-Lo Bakery Bakery Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
MOWI ENTERPRISES LLC
MOWI ENTERPRISES LLC
Zoning & alternative use
BA7 · Sheboygan, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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