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Property profile & analytics

1704 Memorial Dr Manitowoc, WI 54220

  • Banks
  • 3,440 SF
  • 1.24 lot acres
For Sale
Last Sale
Feb 27, 2025
$200,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US92-1257354
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • The Bicycle & Fitness Co / (Bike/Boat/Book/etc) Store

Property Details for 1704 Memorial Dr

Year built
1978
Lot size
1.24 lot acres
Property size
3,440 SF
Property type
Banks
APN
52-131-002-010.00
APU
5213100201000

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Manitowoc
County
Manitowoc
State
Wisconsin
Longitude
-87.6245
Latitude
44.1217
CBSA code
31820
CBSA name
MANITOWOC, WI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,032
$132,300
$176,100
$308,400
-
$132,472
$176,328
$308,800
More about this property
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