Technical
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Distress signals
Property profile

834 Water St Sheboygan, WI 53081

OFF-MARKET
Warehouses
Property ID
US92-0247373
17,400 SF 0.21 ac lot Built 1946
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1946
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 17,400 SF
Lot 0.21 ac (9,060 SF)
Zoning code BA5
APN 59281106720
UPID US92-0247373

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
  • Marketing & Advertising Advertising Agency

Location

834 Water St Sheboygan, WI 53081-3937
Sheboygan metro Census 500 SHEBOYGAN, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$340k

Owner & transaction history

since 2020
6 recorded transactions
2020
Price N/A
2017
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

BA5 · Sheboygan, WI

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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