3810 Calumet AveManitowoc, WI 54220
- Commercial real estate
- 0.62 AC
Property Details for 3810 Calumet Ave
- Lot size
- 0.62 AC
- Property type
- Commercial real estate
- APN
- 52-382-012-311.00
- APU
- 5238201231100
Description
This exceptional 4,875 square foot retail property, situated on a 0.78-acre lot at 3810 Calumet Avenue in Manitowoc, Wisconsin, presents a lucrative investment opportunity. Built in 2024, this freestanding building boasts a prominent location and ample parking for approximately 20+ vehicles. The property features three individual spaces, each generously sized at 1,500 square feet, providing flexibility for a variety of retail businesses. A significant advantage is the presence of Papa Johns as the anchor tenant, ensuring a steady stream of foot traffic and established brand recognition. The remaining two spaces are currently available for lease, offering immediate income potential for the new owner. The property's modern construction and prime location in Manitowoc make it an ideal investment for those seeking a strong return on investment in a thriving commercial market. The gross leasable area totals 4,875 square feet, providing ample space for multiple businesses to thrive. This is a rare opportunity to acquire a newly constructed, well-located retail center with a strong anchor tenant already in place. The property's excellent visibility and convenient access make it an attractive destination for shoppers and businesses alike. Serious inquiries are encouraged.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $5,596,109
- Hospitality
- $5,126,006
- Educational
- $4,264,776
- Medical
- $4,411,449
- Retail
- $6,634,097
Location Insight
- City
- Manitowoc
- County
- Manitowoc
- State
- Wisconsin
- Latitude
- 44.0821
- Longitude
- -87.6952
- CBSA code
- 31820
- CBSA name
- MANITOWOC, WI MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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