402 Dousman St 10,800 SF Vacant Retail Building Green Bay, WI 54303 $425,000 ($39.35/SF)

Exceptional Investment in Downtown Green Bay
Versatile Properties – Excellent Visibility
A versatile property offers an EXCEPTIONAL INVESTMENT potential in the heart of the Historic “On Broadway” District in Downtown Green Bay.

With excellent visibility, high foot and vehicle traffic, and proximity to downtown amenities, this property presents a unique opportunity for both investors and owner-occupants seeking a blend of commercial utility and residential luxury. All public utilities are connected. Parking available.

402 Dousman is a beautiful 3-story all brick turn of the century building (built in approximately 1910)

All three floors have been “White Boxed” and ready for remodeling. Plans have been submitted and initially approved for 10 apartments and 2,000 sq. ft. of office or retail use on the 1st floor.
The Seller recently received Facade Window Grant for $52,500.00 from the City of Green Bay. Thousands more can be saved on construction costs using grants from Focus on Energy.

Also, has recently invested over $100,000 in completely “gutted” all 3 floors. Building is ready for development.
This property is located in the Central Business District of Green Bay known as “On Broadway” which is a major development area undergoing many upgrades and changes. The Green Bay Chamber of Commerce is nearby. Green Bay's local retail and boutiques are found in the heart of the Broadway District comprised of eclectic shops, authentic dining establishments, and distinct entertainment venues. Home to the Railyard Innovation District and the famous Farmers' Market on Broadway, the district hosts a wide variety of community events to compliment the vibrancy of business activity. This property is located within an Opportunity Zone.
Primary developments in this area include a wide variety of commercial uses. The business district encompasses the immediate surrounding area in all directions. This area has been developed for 110 years or more.

Dousman is a main thoroughfare running east to west and connects to Broadway which runs north to south. This allows ingress and egress from the Central Business District to Interstate 43 access to the north, Hwy 54 access to the south and State Hwy 29 access to the west. There is a high volume of traffic throughout the entire day and night for each of these highways.

The main entrance is located on Dousman with parking available on the street as well as in the back. Parking is located off Chestnut and is also accessible from an alley which connects Dousman Street and Kellogg Street.