834 Water St Sheboygan, WI 53081-3937
This exceptional mixed-use property, located at 834 N Water St in Sheboygan, WI 53081, offers 17,400 square feet of versatile work/live space. The two-story building, formerly a milk distribution center, has been extensively updated and features polished cement floors, soaring 30-foot ceilings on the upper level, and a loft-style lower level with breathtaking Sheboygan River views. The property includes a gourmet kitchen, main-level laundry, two full baths, and one half bath. Ideal for entrepreneurs, it boasts 200 amp three-phase power, a back-in loading dock door, and an extra-high drive-up loading dock door. Recent erosion control measures ensure the building's longevity. The 9,060 square foot lot provides 8 parking spaces. Its prime location offers easy access to downtown amenities, including boutique shopping, restaurants, the farmer's market, City Green concerts, and is just 10 minutes from shopping centers and the interstate. The asking price is $899,000. The energy efficiency is comparable to a 1920s 2,000 sq ft home, and there's potential for adding dock space. This unique property presents a rare opportunity to thrive in a vibrant community.
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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
BA5 · Sheboygan, WISheboygan. Always verify with local authorities before improvements.
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.