Approx. 26,196 SF Office Building in Manitowoc, Wisconsin

Office for Sale
Catylist Listing ID: 30251053
Property Subtypes: Office Building, Other
Building Size (RSF): 26,196 SF
Gross Building Area: See Agent
Gross Land Area: 1.62 Acres
Sale Price: $50,000
Unit Price: $1.91 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class C
Sale Terms: Other
Auction Type: Undisclosed Reserve
Cap Rate: Undisclosed
Last Updated: 3/29/2018

Overview / Comments

On-Site Inspections: Tuesday, 3/27 from 3PM-6PM; Thursday, 4/12 from 11AM -1PM

Suggested Opening Bid: $50,000

Buyer's Premium: The Greater of 10% or $2,500

Cooperating Broker's Commission: 2%

Lot Size: 1.62 Acres

Building Size: 26,196 SF

2016 Taxes: $14,448.76

PIN #: 000262220

Zoning: B-1; Business (includes churches & private schools)

Previously occupied by the Empire Beauty School, this approximately 26,196 sf office building is situated on approximately 1.62 acres. Beauty school equipment and fixtures are still on site and belong to the owner. The building features large classrooms with tall ceilings on 3 floors, many offices, an ADA compliant restroom on the first floor, a customer entrance, and lower level locker rooms. Other features include a newer boiler and updated HVAC system, slate tile and membrane roof, and newer Thermopane windows throughout, most with window treatments included. The exterior of the building is brick and stone with approximately 82 parking spaces on a large paved area.

Located on South 18th Street, between Washington Street (North) and Marshall Street (South parking and entry is on South 19th Street).

Offered in cooperation with Wisconsin Real Estate License #49635-90

Additional Details

Nearest MSA: Manitowoc
County: Manitowoc

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,390 33,180 42,208
Median Age: 37.96 42.14 42.18
Households: 5,779 14,451 18,088


Photograph of Listing Agent

Diana Peterson

SVN AuctionWorks
ICEx Member
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