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1022 Washington St
Manitowoc, WI 54220
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Pizza Hut vacating December 2024 after 35+ year occupancy. 16%+ cap on current income
  • Large 0.55 acre corner lot
  • Upscale, 6 story, 81 unit apartment complex just constructed 0.3 miles from the subject property
  • Located in coveted TIF Zone
  • Ideal downtown location on city's main thoroughfare with 9k vehicles per day
  • Drive-thru permitted

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,251 SF
Building Class
C
Year Built
1971
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.55 AC
Zoning
Commercial General - Intended to accommodate the heavy service industries at locations directly accessible to the City’s arterial and transportation systems.
Parking
11 Spaces (4.89 Spaces per 1,000 SF Leased)
Frontage
97’ on Washington Street

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
052-000-241-200.00
Land Assessment
$36,000
Improvements Assessment
$375,200
Total Assessment
$411,200
  • Listing ID: 25447279

  • Date on Market: 4/11/2022

  • Last Updated:

  • Address: 1022 Washington St, Manitowoc, WI 54220

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