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308 N Wisconsin Dr
Sheboygan, WI 53083
Retail Property For Sale

Investment Highlights

  • High Visibility Area (WisDOT average 8000 cars per day)
  • Immediate income potential

Executive Summary

Immediate Income Potential — Both the commercial space and upper-level apartment are currently rented month-to-month, providing an investor with income from day one.
Two Income-Producing Components — The property combines commercial space with a 3-bedroom, 2-bath apartment, creating diversified rental potential within one asset.
Prime High-Visibility Location — Positioned at a prominent intersection with approximately 8,000 vehicles passing daily, providing excellent exposure for a commercial tenant or owner-user.
Flexible Investment Strategy — Maintain the existing rental setup, occupy the commercial space yourself, live in the apartment, lease one portion while using the other, or pursue a different combination of uses.
6,400± Sq. Ft. Commercial Property — Substantial building size gives an investor flexibility for a variety of business, rental, storage, or owner-user applications.
Oversized 3-Car Garage — Additional garage space creates potential for vehicle storage, equipment, workspace, or additional storage income.
Commercial Zoning — Located on a 0.28-acre commercially zoned parcel, supporting its current commercial use and providing flexibility for future ownership strategies.
Established Commercial Presence — The property has historically been associated with a long-running local construction/cabinet business, adding to its established commercial identity and location.
Strong Accessibility — Located less than a mile from the freeway, adding convenience for customers, tenants, and business operations.
Live/Work/Invest Opportunity — A particularly attractive setup for an owner-operator looking to combine business space, residential income, and additional garage/storage space under one roof.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,400 SF
Building Class
C
Year Built
1920
Price
$390,300
Price Per SF
$60.98
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.64
Lot Size
0.23 AC
Zoning
Business
Parking
13 Spaces (2.03 Spaces per 1,000 SF Leased)
Frontage
204’ on Madison Ave

Amenities

  • Signalized Intersection

Property Taxes

Property Taxes

Parcel Number
59135640791
Land Assessment
$49,100
Improvements Assessment
$250,400
Total Assessment
$299,500
  • Listing ID: 41876653

  • Date on Market: 8/25/2026

  • Last Updated:

  • Address: 308 N Wisconsin Dr, Sheboygan, WI 53083

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