1701 Washington StManitowoc, WI 54220
- Retail properties
- 3,486 SF
Property Details for 1701 Washington St
- Year built
- 1970
- Lot size
- 0.13 AC
- Property size (Sq ft)
- 3,486 SF
- Property type
- Retail properties
- Property subtype
- Banks
- APN
- 52-000-263-010.00
- APU
- 5200026301000
Description
This exceptional investment opportunity presents a 3,466 square foot, single-building office property located at 1701 Washington Street in Manitowoc, Wisconsin. The property, built in 1970, is classified as Class C and features a split-level design. The building sits on a generous 1.3-acre lot, providing ample dedicated parking for tenants and visitors. Currently configured for multiple tenants, one suite of 1,653 square feet is immediately available. The property's convenient location places it just blocks from the vibrant downtown Manitowoc area, offering easy access to a variety of amenities including charming shops, diverse restaurants, outdoor recreational areas, cultural attractions, bars, and festivals. The property's Assessed Parcel Number (APN) is 000-263-010. This presents a unique chance to acquire a well-situated office building in a thriving Wisconsin community. The property's size and location make it ideal for a variety of business uses. Further details are available upon request. A virtual tour is available online.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $925,275
- 6.5%
- $854,100
- 7%
- $793,093
-
Comparable approach
- Method
- Valuation
- Relative Method
- $891,853
- Geo Method
- $1,144,210
-
Alternative Use
- Use
- Valuation
- Residential
- $720,465
- Hospitality
- $659,942
- Educational
- $549,064
- Medical
- $567,947
- Retail
- $854,100
Location Insight
- City
- Manitowoc
- County
- Manitowoc
- State
- Wisconsin
- Latitude
- 44.0887
- Longitude
- -87.6706
- 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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