1921 University Ave Green Bay, WI 54302-3623
This exceptional commercial property at 1921 University Ave, Green Bay, WI 54302, presents a compelling investment opportunity. Priced at $220,000, this property encompasses a 2,400 square foot main building and a separate freestanding storage structure. Built in 1938, the main building is ideally suited for either two separate tenants or a single occupant, offering flexible layout options. The property boasts significant curb appeal with large windows, ample at-door parking, and a highly visible lighted sign. The secondary structure, constructed of concrete block, is unheated and features two overhead doors and two service doors, providing versatile storage or workshop space. Situated on a 0.242-acre lot (APN 21-2184), this property is zoned C1-General Commercial, allowing for a wide range of uses. Its location in an active secondary commercial corridor on Green Bay's northeast side ensures high visibility and accessibility. This is a rare opportunity to acquire a well-maintained, versatile commercial property in a desirable location. The property's features, including its prominent signage and ample parking, make it an ideal investment for a variety of businesses. The two buildings offer flexibility and potential for increased revenue streams. Don't miss this chance to own a piece of Green Bay's thriving commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.