Property profile

3724 Calumet Ave Manitowoc, WI 54220

OFF-MARKET
Auto shops
Property ID
US92-0543783
4,720 SF 0.72 ac lot Built 1967
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located at 3724-3726 Calumet Ave in Manitowoc, Wisconsin, offers a unique opportunity for businesses seeking versatile retail space. The single-story building encompasses 4,488 square feet, situated on a sizable 0.72-acre lot with ample asphalt paving providing 30 parking spaces. The property is zoned C-1 Commercial Business and features two suites. Currently, one suite is occupied, offering 1,700 square feet of retail/office space, including a garage bay and bathroom. The highlight is the vacant 2,788-square-foot suite, ideal for various uses. This space boasts three insulated overhead doors on the west side and one on the north, perfect for businesses requiring loading or storage capabilities. A car hoist is included, and plumbing is stubbed in for a bathroom. A mezzanine level provides additional storage. The property offers 220-volt power. Minimum divisible space is 1,700 square feet, with a maximum contiguous space of 2,788 square feet. This well-maintained property presents a fantastic opportunity for expansion or relocation in a thriving Manitowoc location. The property's address is 3724-3726 Calumet Ave, Manitowoc, WI 54220. The parcel number is 382012341. Inclusions: Car Hoist. Exclusions: Any personal or business property of the tenants.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1967
Total area 4,720 SF
Lot 0.72 ac (31,202 SF)
APN 52-382-012-341.00
UPID US92-0543783

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
  • Car Dealership

Location

3724 Calumet Ave Manitowoc, WI 54220-5434
Manitowoc metro Census 600 MANITOWOC, WI MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$400k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$395k

Owner & transaction history

since 2022
Last sale
$395,000
4 recorded transactions
2023
Price N/A
2022
$395,000
1969
Price N/A
1969
Price N/A

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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