Technical
Financial
Distress signals
Property profile

2983 Lawrence Dr De Pere, WI 54115

OFF-MARKET
Investment properties
Property ID
US92-0863553
3,038 SF 1.27 ac lot Built 1928
Individually Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 2983 Lawrence Dr in De Pere, Wisconsin (zip code 54115), presents a unique investment opportunity. The property consists of two buildings on a 1.3-acre lot, zoned for commercial use. The main building, a 4,000 square foot, two-story structure, houses Mack's Pub and Grill, a turnkey restaurant operation. The bar area features two workstations, a point-of-sale system, a full kitchen equipped with a hood and pizza oven, and ample cooler space. The asking price is $650,000, translating to $162.50 per square foot. The second floor includes a spacious, approximately 1,300 square foot, two-bedroom apartment, ideal for rental income or owner occupancy. A separate 2,000 square foot storage building provides additional space. The property enjoys a prime location at the intersection of Interstate 41 and Lawrence Drive in the desirable Town of Lawrence, offering excellent visibility and accessibility. Ample parking is available. This owner/user opportunity combines a thriving restaurant business with significant rental income potential, making it an attractive investment in a high-demand location. The property is classified as Class C with multi-tenancy.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1928
Construction FRAME
Total area 3,038 SF
Lot 1.27 ac (55,191 SF)
APN L 35-1
UPID US92-0863553

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bar & Pub Restaurant

Location

2983 Lawrence Dr De Pere, WI 54115-9415
De Pere metro Census 940006 GREEN BAY, WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$625k
CAP Approach CAP
$585k
Comparable Approach Comparable
$452k
Blend (final) Blend
$625k

Owner & transaction history

since 2024
Last sale
$625,000
4 recorded transactions
2024
$625,000
2020
Price N/A
2018
$315,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Auto repair, garage $400,000 +27.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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