Property summary
This exceptional commercial property at 1704 Memorial Drive in Manitowoc, Wisconsin, presents a unique investment opportunity. The main building boasts 3,440 square feet of well-maintained space, ideal for office or retail use. Its previous use as a bank speaks to its robust construction and enduring quality. The layout includes a full basement, adding significant storage capacity. A separate 3,600 square foot storage building is situated on the 1.24-acre lot, providing ample additional space for inventory, equipment, or expansion. The property features a convenient asphalt parking lot, ensuring easy access for customers and employees. Its high-traffic location on Memorial Drive offers unparalleled visibility and exposure. The property's strategic placement next to the Manitowoc Surgery Center and a block from Aurora Hospital and the Memorial Dr Veterinary Clinic guarantees a steady flow of potential customers. Furthermore, a vacant lot at the rear of the property presents exciting possibilities for future development, allowing for expansion or the creation of additional revenue streams. Priced at $395,000, this property offers a compelling combination of location, size, and potential. Don't miss this chance to acquire a valuable asset in a thriving area.
Property profile
VerifiedCap rate & NOI
Current use
-
(Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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