Log In/Sign Up
Your email has been sent.
831 Michigan Ave 7,122 SF 100% Leased Office Building Sheboygan, WI 53081 $700,000 ($98.29/SF)
Investment Highlights
- Two-story, 7,122-square-foot property featuring a full basement and flexible layout suited for retail, office, or service-oriented commercial users.
- Opportunity to acquire a true income-producing asset in one of Downtown Sheboygan's most active and rapidly growing commercial corridors.
- Positioned within a vibrant downtown corridor supported by restaurants, retail, and cultural amenities, driving consistent pedestrian activity.
- Upper level features two spacious apartments, each approximately 1,000 square feet, offering strong rental demand and consistent residential income.
Executive Summary
Located in Downtown Sheboygan within the Harbor Centre Business District, this exceptional mixed-use property at 831 Michigan Avenue offers a rare opportunity to own a true income-producing asset.
831 Michigan Avenue is a two-story, 7,122-square-foot property that offers a full basement, a main level with two established commercial spaces, highlighted by a beautiful open-concept suite ideal for a spa, salon, or wellness concept, as well as a professional insurance agency office. Additionally, upstairs there are two spacious residential apartments, each approximately 1,000 square feet, offering comfortable layouts and strong rental appeal in a highly sought-after location.
Situated on the corner of Michigan Avenue and North 9th Street, the property benefits from high visibility, with traffic counts exceeding 2,060 vehicles per day (VPD) along Michigan Avenue and 4,420 VPD along North 9th Street. Positioned within a vibrant downtown corridor supported by thriving local businesses, including nearby restaurants such as Bamboo Breeze Bar and Lounge and Downtown 925, along with entertainment venues such as the John Michael Kohler Arts Center, the property benefits from consistent organic traffic generated by neighboring tenants.
Don't miss this opportunity to secure a rare, true income-producing asset with long-term appreciation potential, in one of downtown's most vibrant and rapidly growing areas.
831 Michigan Avenue is a two-story, 7,122-square-foot property that offers a full basement, a main level with two established commercial spaces, highlighted by a beautiful open-concept suite ideal for a spa, salon, or wellness concept, as well as a professional insurance agency office. Additionally, upstairs there are two spacious residential apartments, each approximately 1,000 square feet, offering comfortable layouts and strong rental appeal in a highly sought-after location.
Situated on the corner of Michigan Avenue and North 9th Street, the property benefits from high visibility, with traffic counts exceeding 2,060 vehicles per day (VPD) along Michigan Avenue and 4,420 VPD along North 9th Street. Positioned within a vibrant downtown corridor supported by thriving local businesses, including nearby restaurants such as Bamboo Breeze Bar and Lounge and Downtown 925, along with entertainment venues such as the John Michael Kohler Arts Center, the property benefits from consistent organic traffic generated by neighboring tenants.
Don't miss this opportunity to secure a rare, true income-producing asset with long-term appreciation potential, in one of downtown's most vibrant and rapidly growing areas.
Property Facts
Sale Type
Investment
Property Type
Building Size
7,122 SF
Building Class
C
Year Built
1940
Price
$700,000
Price Per SF
$98.29
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
7,122 SF
Building FAR
0.78
Lot Size
0.21 AC
Opportunity Zone
Yes
Zoning
BA7 - Commercial mixed-use/residential
Parking
18 Spaces (2.53 Spaces per 1,000 SF Leased)
Moderately walkable
70/100
Moderately drivable
60/100
Some public transit
40/100
Fairly bikeable
50/100
Demographics
Demographics
1 mile
3 mile
5 mile
2020 Population
15,187
47,518
63,657
2025 Population
15,845
47,922
64,317
Population Growth '20-'25
4.3%
0.9%
1.0%
2020 Households
6,595
20,109
26,702
2025 Households
6,907
20,277
26,949
Household Growth '20-'25
4.7%
0.8%
0.9%
Average Age
38
40
41
Median Household Income
$61,737
$66,452
$69,487
Daytime Employees
9,020
27,728
42,022
Total Businesses
977
2,940
3,698
College Degree + Higher
21%
20%
25%
Property Taxes
| Parcel Number | 59281102760 | Improvements Assessment | $233,300 |
| Land Assessment | $54,000 | Total Assessment | $287,300 |
Property Taxes
Parcel Number
59281102760
Land Assessment
$54,000
Improvements Assessment
$233,300
Total Assessment
$287,300
1 of 34
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Seidl & Associates a div of Shorewest, Realtors
831 Michigan Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.