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Property profile & analytics
OFF-MARKET Estimated value $625,000
Investment properties

701 8th St Sheboygan, WI 53081-4504

22,652 SF 0.14 ac lot Built 1880
Entity Owned Absentee Owner Free & Clear
Property ID
US92-0619881
Property summary
AI-generated overview

This exceptional three-story office building, located at 701-703 N 8th Street in Sheboygan, WI, offers 12,295 square feet of prime commercial space. Built in 1880 and extensively renovated in 1999, the property boasts a blend of classic architectural details and modern conveniences. The building features a convenient elevator, individual kitchenettes, and ample storage. Units are available from a minimum of 50 square feet up to a maximum contiguous space of 1,000 square feet, making it ideal for a variety of businesses. Situated on a 0.14-acre lot, this Class B building enjoys a highly desirable location in the heart of historic downtown Sheboygan. Its proximity to the new Encore Apartments, City Green park, the library, and the JMK Art Center provides unparalleled access to amenities and a vibrant urban environment. The building is zoned for commercial use and is easily accessible, placing businesses within walking distance of unique shopping, dining, and entertainment options. The property's APN is 59281107340. This is a rare opportunity to secure office space in a beautifully restored building in a thriving downtown location.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1880
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 22,652 SF
Lot 0.14 ac (6,240 SF)
Zoning code BA7
APN 59281107340
UPID US92-0619881
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sheboygan Drums Music Venue Vocational School
  • sheboygan recording Recording Studio
  • DMW Homes LLC Property Management Company
  • Peter Haase - Realtor Real Estate Agency
  • Lauren Hudson | Epic Mortgage Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$560k
CAP Approach CAP
by Request
Comparable Approach Comparable
$695k
Blend (final) Blend
$625k
Owner & transaction history
PARK PLACE HOLDINGS LLC
PARK PLACE HOLDINGS LLC
Zoning & alternative use
BA7 · Sheboygan, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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