427 John Ave Superior, WI 54880-1011
- Commercial real estate
- 0.56 lot acres
Current Use by Public Records
- Door Service, Inc. / Contractor / Door Supplier
- Pal-Personal Assistance Link / Home Health Care Service / Health
Property Details for 427 John Ave
- Lot size
- 0.56 lot acres
- Zone code
- M1
- Property type
- Commercial real estate
- APN
- 04-804-00220-00
- APU
- 48040022000
Description
This exceptional 11,808-square-foot industrial property in Superior, Wisconsin, presents a compelling investment opportunity. Located at 427 John Ave, this two-story, 1975-built building sits on a 0.562-acre lot (140' x 175'), offering ample space for parking and deliveries. The property features a versatile layout including 3,600 square feet of office space, a large showroom, main floor offices, multiple mezzanine offices, a sales area, conference room, storage rooms, and extensive warehouse space. Two workshops are integrated within the cold storage areas. The building boasts a 14-foot ceiling height and one loading dock, adaptable for various uses. The permitted zoning is Manufacturing, making it ideal for owner-users seeking to establish or expand their operations. The property's strategic location provides easy access to the Blatnik Bridge, enhancing its logistical advantages. With ample power available and significant potential for overhead door reconfigurations, this property offers a unique blend of functionality and flexibility. The asking price is $499,900, translating to $42.34 per square foot. This is a private ownership opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $200,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $240,000
- 6.5%
- $245,000
- 7%
- $225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $235,000
- Geo Method
- $225,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $240,000
- Retail
- $205,000
- Mixed-Use
- $265,000
- Hospitality
- $245,000
- Educational
- $235,000
- Residential Income
- $250,000
- Energy
- $255,000
- Income-Based Land
- $280,000
- Food Service
- $230,000
Location Insight
- Map
- Local Demand
- City
- Superior
- County
- Douglas
- State
- Wisconsin
- Longitude
- -92.1012
- Latitude
- 46.7329
- CBSA code
- 20260
- CBSA name
- DULUTH, MN-WI METROPOLITAN STATISTICAL AREA