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Property profile & analytics
OFF-MARKET
Office buildings

1407 8th St Sheboygan, WI 53081-3400

1,271 SF 0.62 ac lot Built 1973
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US92-1081329
Property summary
AI-generated overview

This exceptional investment opportunity presents two modern, updated commercial office units, totaling 1,208 square feet, situated on a 0.1-acre lot at 1407 N 8th STREET in Sheboygan, Wisconsin. Priced at $250,000, this package deal includes both Unit 5 and Unit 6, currently leased to reliable, long-term tenants who desire to remain. The property boasts a convenient location near the downtown area, providing easy access for both tenants and clients. A significant advantage is the ample parking available on-site. The units are completely turnkey, requiring no immediate capital improvements or renovations, making this an ideal investment for a passive income stream. The existing leases ensure immediate cash flow, minimizing vacancy risk and maximizing return on investment. The modern and updated interiors offer a professional and appealing workspace for tenants, contributing to the property's strong rental history. This is a rare opportunity to acquire a well-maintained, income-producing commercial property in a desirable Sheboygan location. Don't miss out on this chance to add a stable and profitable asset to your portfolio. Contact us today to schedule a showing.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1973
Construction STEEL FRAME
Total area 1,271 SF
Lot 0.62 ac (27,000 SF)
APN 59281100143
UPID US92-1081329
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
  • Bryce Dental Care of Sheboygan Dental Office
  • Novo Counseling Mental Health Service Marriage Or Relationship Counselor
  • Wisconsin Advisors Financial Advisor
  • Great Lakes Clinic and Consultants Medical Clinic
  • Badtke Kathy Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Ryan E Volgmann · 5 yrs held
Ryan E Volgmann
since 2020
3 recorded transactions
2020
$350,000
2019
$250,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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