50 S 3rd Ave
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50 S 3rd Ave
5,084 SF 100% Leased Retail Building Sturgeon Bay, WI 54235 $799,000 ($157/SF)
Executive Summary
Prime Space Available in Downtown Sturgeon Bay. 2000 sq.ft. first floor is currently leased out as a restaurant. The second floor hosts two one-bedroom apartments that can be rented as short-term rentals. Many updates throughout the building since 2011. Onsite parking is accessed from the alley, with additional parking located across the alley in the city public parking lot.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,084 SF
Building Class
C
Year Built
1900
Price
$799,000
Price Per SF
$157
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.30
Lot Size
0.09 AC
Zoning
C2 Commercial
Parking
2 Spaces (0.39 Spaces per 1,000 SF Leased)
Frontage
25 FT on 3rd
Amenities
- Restaurant
- Wheelchair Accessible
- Storage Space
- Air Conditioning
Walk Score ®
Very Walkable (73)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 281-1085130801 | Improvements Assessment | $134,500 |
| Land Assessment | $30,500 | Total Assessment | $165,000 |
PROPERTY TAXES
Parcel Number
281-1085130801
Land Assessment
$30,500
Improvements Assessment
$134,500
Total Assessment
$165,000
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50 S 3rd Ave
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