3810 Calumet Ave Manitowoc, WI 54220
For Sale
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This exceptional 4,875 square foot retail property, situated on a 0.78-acre lot at 3810 Calumet Avenue in Manitowoc, Wisconsin, presents a lucrative investment opportunity. Built in 2024, this freestanding building boasts a prominent location and ample parking for approximately 20+ vehicles. The property features three individual spaces, each generously sized at 1,500 square feet, providing flexibility for a variety of retail businesses. A significant advantage is the presence of Papa Johns as the anchor tenant, ensuring a steady stream of foot traffic and established brand recognition. The remaining two spaces are currently available for lease, offering immediate income potential for the new owner. The property's modern construction and prime location in Manitowoc make it an ideal investment for those seeking a strong return on investment in a thriving commercial market. The gross leasable area totals 4,875 square feet, providing ample space for multiple businesses to thrive. This is a rare opportunity to acquire a newly constructed, well-located retail center with a strong anchor tenant already in place. The property's excellent visibility and convenient access make it an attractive destination for shoppers and businesses alike. Serious inquiries are encouraged.
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Papa Johns Pizza Restaurant
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.