512 8Th StSheboygan, WI 53081

Property Details for 512 8Th St

Year built

1860

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.00 AC

Property size (Sq ft)

6,039 SF

Zone code

BA7

Property type

Investment properties

Property subtype

Live-work space

APN

59281108580

APU

59281108580

Description

This exceptional commercial property, located at 512 N 8th STREET in Sheboygan, Wisconsin, presents a compelling investment opportunity. The building boasts a substantial 4,559 square feet of space, offering ample room for a variety of commercial uses. Situated on a conveniently sized 0.1-acre lot, the property benefits from excellent visibility and accessibility. The asking price is $699,000, representing a strong value proposition in the Sheboygan market. The property's versatile layout and generous square footage make it suitable for a wide range of businesses, from retail and office spaces to light industrial operations. Its prime location within Sheboygan offers easy access to major transportation routes and a thriving local economy. This is an ideal opportunity for an entrepreneur seeking a well-positioned commercial space or an investor looking for a solid return on investment. The property's size and location make it a highly attractive prospect for businesses seeking to establish or expand their operations in a dynamic and growing community. Serious inquiries are encouraged to explore the potential of this exceptional commercial property. Further details regarding zoning and permitted uses are available upon request. Don't miss this chance to acquire a valuable asset in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $1,090,413

  6.5%

  $1,006,535

  7%

  $934,640

• Comparable approach

  Method

  Valuation

  Relative Method

  $613,098

  Geo Method

  $786,580

• Alternative Use

  Use

  Valuation

  Residential

  $1,248,104

  Hospitality

  $1,143,256

  Educational

  $951,176

  Medical

  $983,888

  Retail

  $1,479,607

Location Insight

City

Sheboygan

County

Sheboygan

State

Wisconsin

Latitude

43.7502

Longitude

-87.7133

CBSA code

43100

CBSA name

SHEBOYGAN, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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