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814 8th St Manitowoc, WI 54220-4503

OFF-MARKET Investment properties Google Maps
3,608 SF 0.06 ac lot Built 1880
Entity Owned ~ Est. High Equity
Estimated value (blended)
$400k
Range $360k – $440k (±10%)
Property ID US92-0227667

Property summary

AI-generated overview

This exceptional 3,800 square foot commercial property is ideally situated in the heart of downtown Manitowoc, Wisconsin. Located at 814 S 8th STREET, this general commercial space offers unparalleled flexibility for a variety of business uses. The current configuration can be adapted to suit the needs of the new owner, with the option to include or exclude existing furnishings. The building sits on a 0.06-acre lot and includes a significant benefit: a lease for three parking spaces directly behind the building, providing convenient parking for employees and clients. Currently, the property is co-leased to two separate businesses, presenting a unique opportunity for a multi-tenant setup or a single occupant to take over the entire space. The property is exceptionally well-maintained, reflecting a commitment to quality and longevity. The asking price for this prime downtown location is $349,900. This is a rare opportunity to acquire a versatile and well-positioned commercial property in a thriving Wisconsin community. Interested parties are encouraged to schedule a viewing to fully appreciate the potential of this exceptional offering. The property's central location and adaptable layout make it an ideal investment for businesses seeking a strong presence in the Manitowoc market.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1880
Total area 3,608 SF
Lot 0.06 ac (2,614 SF)
APN 52-000-218-050.00
UPID US92-0227667

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
  • Insurance Agency
  • Real Estate Agency
  • Business Service Center
  • Home Decor Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$400k

Owner & transaction history

since 2025
Last sale
$375,000
7 recorded transactions
2025
$375,000
2022
$465,000
2021
Price N/A
2020
Price N/A
2019
$120,000
2018
$85,000
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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