414 Jefferson StGreen Bay, WI 54301

Property Details for 414 Jefferson St

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.79 AC

Property size (Sq ft)

5,572 SF

Property type

Office buildings

APN

13 87

APU

1387

Description

This exceptional Class A office building, located at 414 S Jefferson St in Green Bay, Wisconsin, presents a unique investment opportunity. The 17,912 square foot property, built in 1982, sits on a 0.79-acre lot and boasts a prestigious two-story design situated on the corner of Jefferson and Crooks Streets. Currently 100% occupied by a law firm, this versatile space offers significant potential for various uses, thanks to its flexible layout. The interior features six individual offices, a substantial open area ideal for collaborative work, and two large conference rooms, perfect for meetings and presentations. The building is zoned for both office and residential use, providing additional flexibility for future development. A key advantage is the ample on-site parking, supplemented by convenient street parking, ensuring easy access for employees and clients. The prominent downtown location offers excellent visibility and signage opportunities, enhancing the property's appeal and marketability. The asking price is $895,000, and the lease type is NNN (Net, Net, Net). This is a single-tenancy property.

• CAP approach

  CAP return

  Valuation

  6%

  $1,006,091

  6.5%

  $928,699

  7%

  $862,364

• Comparable approach

  Method

  Valuation

  Relative Method

  $565,687

  Geo Method

  $725,753

• Alternative Use

  Use

  Valuation

  Residential

  $1,151,587

  Hospitality

  $1,054,848

  Educational

  $877,621

  Medical

  $907,803

  Retail

  $1,365,188

Location Insight

City

Green Bay

County

Brown

State

Wisconsin

Latitude

44.5095

Longitude

-88.0165

CBSA code

24580

CBSA name

GREEN BAY, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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