712 Riverfront Dr Sheboygan, WI 53081
For Lease
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This exceptional 13,162 square foot commercial condo, located at 712 Riverfront Drive Unit B in Sheboygan, Wisconsin, offers breathtaking views of the Sheboygan River and Lake Michigan. Situated on a 0.14-acre lot, this single-level, second-floor space previously housed the City Streets restaurant. The property is currently vacant and presents a unique opportunity for a variety of uses, including restaurants, offices, or other commercial ventures. Key features include multiple entrances, an elevator, and a large banquet room, ideal for events or large gatherings. The kitchen boasts a 30-foot hood, still in place, along with existing gas lines and electrical systems. Six years ago, all bathroom fixtures were upgraded to new Kohler units. A convenient service door on the north side provides easy access for deliveries. The property includes $1000 monthly condo fees, which cover water and access to a city-owned parking lot. The seller is open to considering lease options in addition to a sale at $499,000. This prime location and versatile space offer significant potential for a discerning buyer or tenant.
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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
No recorded transactions found for this property.
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.