1930 Mason StGreen Bay, WI 54302

Property Details for 1930 Mason St

Year built

1982

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.58 AC

Property size (Sq ft)

4,872 SF

Zone code

C1

Property type

Retail space

APN

21 1355

APU

211355

Description

This exceptional commercial investment opportunity presents a 4,872 square foot, single-story building situated on a 0.57-acre lot in Green Bay, Wisconsin. Located at 1930 E Mason St, this property boasts a prime location at a high-traffic intersection. The building, constructed in 1982, is zoned Commercial One and currently houses two businesses operating under Net Lease (NNN) agreements, offering a diversified income stream. One tenant is a national fast-food chain, and the other is a local specialty retailer. The property generates a substantial Net Operating Income (NOI) of $62,436 annually, with an asking price of $725,000, resulting in a price per square foot of $148.81. The property's strong tenant base, combined with its strategic location in a rapidly developing area, makes this an attractive investment opportunity with significant potential for future growth. The property features two units and benefits from high visibility due to its corner location. This is a rare chance to acquire a well-established, income-producing asset in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $1,293,155

  6.5%

  $1,193,682

  7%

  $1,108,419

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,246,445

  Geo Method

  $1,599,136

• Alternative Use

  Use

  Valuation

  Residential

  $1,006,915

  Hospitality

  $922,329

  Educational

  $767,367

  Medical

  $793,758

  Retail

  $1,193,682

Location Insight

City

Green Bay

County

Brown

State

Wisconsin

Latitude

44.4908

Longitude

-87.9774

CBSA code

24580

CBSA name

GREEN BAY, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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