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110 S 2nd Ave 6,200 SF Retail Building Sturgeon Bay, WI 54235 $1,390,000 ($224.19/SF)
Investment Highlights
- Located between Sturgeon Bays two downtown bridges and one street off main shopping district
- Martin Park across the street
- Several art galleries in the area
- city parking lot across street
Executive Summary
Downtown Sturgeon Bay redevelopment opportunity encompassing approx. half a city block on S. 2nd Ave between Nebraska and Oregon Streets. Across from Martin Park, near the waterfront and 3rd Ave shopping district. Re-purpose existing buildings with room for retail, or explore new construction with retail and possible water-view units above, subject to approvals. Fenced 150'x100' area offers added flexibility for outdoor use, food truck court concept, or redevelopment. Includes parcels 2811085061201, 2811085061101, 2811085061000A & 2811085060901. Taxes shown are combined. Owners hold WI real estate licenses.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
6,200 SF
Building Class
B
Year Built
1940
Price
$1,390,000
Price Per SF
$224.19
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
1.00 AC
Zoning
C-2 - It is intended to provide development and redevelopment opportunities consistent with the historic development pattern of the areas.
Frontage
Fairly walkable
50/100
Exceptionally drivable
90/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 281-1085061201 | Improvements Assessment | $289,000 |
| Land Assessment | $90,500 | Total Assessment | $379,500 |
Property Taxes
Parcel Number
281-1085061201
Land Assessment
$90,500
Improvements Assessment
$289,000
Total Assessment
$379,500
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110 S 2nd Ave
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