Property summary
This exceptional 34,500 square foot building presents a unique investment opportunity in Marinette, Wisconsin. Originally constructed in the 1960s as an elementary school, this two-story structure has undergone numerous additions and upgrades over the years. The property boasts a wealth of versatile spaces, including numerous classrooms, multiple bathrooms, a sizable gym complete with a stage, ample storage areas, a kitchen, and several break rooms. Several good-sized offices are also available, providing flexibility for various uses. The building is ADA compliant, featuring a working elevator for convenient access to all levels. Situated on a generous 2.21-acre lot, the property offers a large recreation area and extensive off-street parking. The expansive layout and diverse spaces offer endless possibilities for adaptive reuse. Whether envisioned as a residential conversion project, a commercial development, or a community center, this property's scale and features provide a rare opportunity for a significant undertaking. Its prime location in Marinette adds to its appeal, offering potential for strong returns on investment. The substantial size and existing infrastructure make this a truly remarkable property with significant potential for a wide range of uses.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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