519 Walnut StGreen Bay, WI 54301

Property Details for 519 Walnut St

Construction

METAL FRAME

Lot size

0.11 AC

Property size (Sq ft)

1,595 SF

Property type

Office buildings

APN

11 224-A

APU

11224A

Description

This exceptional 1,595-square-foot retail and office space at 519 E Walnut St, Green Bay, WI 54301, is ideally situated in the heart of the D1 Downtown zoning district. The single-tenant building, constructed in 1950, boasts a versatile layout perfect for a variety of businesses. Features include a welcoming vestibule, reception area, conference room, private offices (three total), administrative support space, breakroom, and storage. A convenient restroom is located off the main entrance. Ample parking is provided with eight spaces, including five along E Walnut Street and three exclusive spaces in an adjacent lot. The property enjoys high visibility from its corner location and offers easy access via a dedicated drive. The 120/240-volt single-phase power system provides 200 AMPS. The property sits on a 0.11-acre lot and is ready for immediate occupancy. This presents a unique opportunity for adaptive reuse, potentially incorporating a drive-thru element, given its proximity to adjacent 521 E Walnut St. Annual property taxes are $1.67 per square foot. The property is also available for purchase. This is a rare chance to secure a prominent location in a thriving downtown area.

• CAP approach

  CAP return

  Valuation

  6%

  $287,996

  6.5%

  $265,843

  7%

  $246,854

• Comparable approach

  Method

  Valuation

  Relative Method

  $161,929

  Geo Method

  $207,749

• Alternative Use

  Use

  Valuation

  Residential

  $329,645

  Hospitality

  $301,953

  Educational

  $251,221

  Medical

  $259,861

  Retail

  $390,789

Location Insight

City

Green Bay

County

Brown

State

Wisconsin

Latitude

44.5128

Longitude

-88.0109

CBSA code

24580

CBSA name

GREEN BAY, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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