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Redevelopment Opportunity 486 Hill St 34,500 SF Office Building Green Lake, WI 54941 $1,495,000 ($43.33/SF)
Investment Highlights
- Redevelopment opportunity for condominiums (additional floor possible)
- More amenities include an outdoor patio and an elevator.
- Current TIF in place and part of the WI Main Street program.
- Heavy power in the building.
Executive Summary
Three-story former municipal building with solid concrete, brick and masonry construction. First floor has a turn-key bar/restaurant/commercial kitchen.
Located in downtown Green Lake, the deepest natural inland lake in Wisconsin; Green Lake and Mill Pond views; close proximity to golf courses including Lawsonia Golf Course,
(nationally recognized for its Links course) and the Elan Brio World Class Spa.
• Redevelopment opportunity for condominiums (additional floor possible)
• First floor has a turn-key bar/restaurant/commercial kitchen
• Sprinkler/heat sensor fire protection system
• Located in downtown Green Lake, the deepest natural inland lake in Wisconsin; Green Lake and Mill Pond views; close proximity to golf courses including Lawsonia Golf Course, (nationally recognized for its Links course) and the Elan Brio World Class Spa.
• Current TIF in place and part of the WI Main Street program.
• More amenities include an outdoor patio and an elevator.
Green Lake is known for its relaxed small-town feel, natural beauty, and vibrant local culture. The area features unique boutiques and specialty retailers that add character to its historic downtown district.
Located in downtown Green Lake, the deepest natural inland lake in Wisconsin; Green Lake and Mill Pond views; close proximity to golf courses including Lawsonia Golf Course,
(nationally recognized for its Links course) and the Elan Brio World Class Spa.
• Redevelopment opportunity for condominiums (additional floor possible)
• First floor has a turn-key bar/restaurant/commercial kitchen
• Sprinkler/heat sensor fire protection system
• Located in downtown Green Lake, the deepest natural inland lake in Wisconsin; Green Lake and Mill Pond views; close proximity to golf courses including Lawsonia Golf Course, (nationally recognized for its Links course) and the Elan Brio World Class Spa.
• Current TIF in place and part of the WI Main Street program.
• More amenities include an outdoor patio and an elevator.
Green Lake is known for its relaxed small-town feel, natural beauty, and vibrant local culture. The area features unique boutiques and specialty retailers that add character to its historic downtown district.
Property Facts
Sale Type
Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
34,500 SF
Building Class
C
Year Built
1900
Price
$1,495,000
Price Per SF
$43.33
Building Height
3 Stories
Typical Floor Size
11,500 SF
Building FAR
1.49
Lot Size
0.53 AC
Amenities
- Restaurant
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Property Taxes
| Parcel Numbers | Improvements Assessment | $1,447,500 | |
| Land Assessment | $314,000 | Total Assessment | $1,761,500 |
Property Taxes
Parcel Numbers
Land Assessment
$314,000
Improvements Assessment
$1,447,500
Total Assessment
$1,761,500
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Redevelopment Opportunity | 486 Hill St
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