419 BroadwayGreen Bay, WI 54303

  • Retail properties
  • 9,600 SF
For Sale
$750,000 View listing

Property Details for 419 Broadway

Year built
1966
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.38 AC
Property size (Sq ft)
9,600 SF
Zone code
D1
Property type
Retail properties
Property subtype
Retail space
APN
5 885
APU
5885

Description

This exceptional $750,000 mixed-use property at 419 N Broadway in Green Bay, Wisconsin, presents a unique redevelopment opportunity. Located in the heart of downtown Green Bay, this prime site is zoned for a mixed-use project, allowing for a blend of office, retail, and residential spaces. The existing structure is ready for immediate redevelopment, eliminating lengthy pre-construction delays and streamlining the development process. The property's central location offers unparalleled access to local amenities, businesses, and transportation networks, ensuring high visibility and attracting a diverse range of potential tenants and residents. This presents a significant advantage for investors seeking a high-return project in a thriving urban environment. The property's versatility allows for creative design and development, catering to a wide range of market demands. With its strategic location and redevelopment readiness, this property represents a compelling investment opportunity in a dynamic and growing city. The property is classified as a mixed-use building, encompassing medical office, storefront, and traditional office subtypes. The address is 419 N Broadway, Green Bay, WI 54303, situated in Brown County. The property's latitude and longitude coordinates are 44.5216947 and -88.0187703 respectively.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,548,089
    6.5%
    $2,352,082
    7%
    $2,184,076
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,456,049
    Geo Method
    $3,151,008
  • Alternative Use

    Use
    Valuation
    Residential
    $1,984,069
    Hospitality
    $1,817,397
    Educational
    $1,512,053
    Medical
    $1,564,055
    Retail
    $2,352,082
419 Broadway, Green Bay, Wisconsin

Location Insight

City
Green Bay
County
Brown
State
Wisconsin
Latitude
44.5217
Longitude
-88.0187
CBSA code
24580
CBSA name
GREEN BAY, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,165
$108,500
$279,400
$387,900
-
-
-
$436,500

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