419 BroadwayGreen Bay, WI 54303

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 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.

• 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

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

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