For Sale
$425,000

1106 University Dr Marinette, WI 54143

13,574 SF Medical Office, Vacant, $425,000

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 13,574-square-foot medical office building, located at 1106 University Drive in Marinette, Wisconsin, presents a compelling investment opportunity. Built in 1997, this single-story structure sits on a 1.452-acre lot and features 48 parking spaces. The property boasts a highly desirable I-1 Institutional District zoning. Its strategic location offers multiple access points to University Drive and Shore Drive, placing it less than 1.5 miles east of the new 335,000-square-foot Aurora Medical Center – Bay Area Hospital Campus and near the University of Wisconsin Green Bay | Marinette Campus. The property benefits from prominent monument signage at a key intersection, enhancing visibility and accessibility. With an assessed value of $1,416,800 (combined) and 2022 taxes totaling $32,629.66 (combined), this vacant building offers significant value-add potential for a discerning buyer. The property's APN is 251-01431.001 & 251-01435.000. This is a rare opportunity to acquire a substantial medical office building in a thriving location with excellent growth prospects. The property is currently vacant, allowing for immediate occupancy and customization to suit a wide range of medical practices.

Highlights

  • 1.88-acre land parcel.
  • Monument signage at a high-traffic intersection.
  • Significant value-add opportunity.
  • Less than 1.5 miles from the new 335,000 SF Aurora Bay Area Medical Center.
  • Proximity to UW Green Bay Marinette Campus.
  • Multiple access points from University and Shore Drives.

Property Details for 1106 University Dr

Property type
Office properties, Medical offices
Square Feet
13,574 SF
Year Built
1997
Buildings
1
Stories
1
Lot Size (sq. ft)
63,249 SF

Location Insight

City
Marinette
County
Marinette
State
Wisconsin
Latitude
45.0713414
Longitude
-87.6206319

FAQs

What type of property is this?
Office property - 13,574 SF Medical Office, Vacant, $425,000
Where is the office property located?
The property is located at 1106 University Dr Marinette, WI.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 1.88-acre land parcel.; Monument signage at a high-traffic intersection.; Significant value-add opportunity.
How can I contact the broker?
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1106 University Dr
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