Property profile

413 Madison St Green Bay, WI 54301

OFF-MARKET
Office buildings
Property ID
US92-1128708
2,448 SF 0.26 ac lot
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4,896-square-foot office building, located at 413 S Madison St in downtown Green Bay, Wisconsin, presents a unique owner-user opportunity. Completely remodeled in April 2019, this two-story, all-brick building boasts a versatile layout ideal for medical or traditional office use. The main level features a reception area, five private offices, two bathrooms, two large workspace areas easily adaptable into additional offices, ample storage, and two counter/sink areas. A separate employee entrance and skylights enhance the space. A spiral staircase leads to the finished lower level, which includes a full bathroom with shower, a large open collaborative area, a 15x15 conference room with a counter/sink, a 15x15 kitchen/break room with appliances, an IT room, multiple flex/storage spaces, an additional office area, a utility room, and a mechanical room. The building's history as a salon/spa provides extensive existing plumbing throughout. A security system with key fob entry is included. The property sits on a 0.27-acre lot and is zoned for Office Residential use. Built in 1982, this Class B building offers 4,896 square feet of net rentable space, priced at $54.13 per square foot, with an asking price of $265,000. Occupancy is available March 1, 2024. The property's APN is 13-179.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,448 SF
Lot 0.26 ac (11,543 SF)
APN 13 179
UPID US92-1128708

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
  • Telecommunications Service
  • Engineer
  • Hair Salon
  • Hair Salon Nail Salon

Location

413 Madison St Green Bay, WI 54301-4101
Green Bay metro Census 1000 GREEN BAY, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$205k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$205k

Owner & transaction history

since 2019
3 recorded transactions
2019
$217,900
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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