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518 & 510 South Pier Dr
Sheboygan, WI 53081

Investment Opportunity - Waterfront Condos · Retail Property For Sale

Investment Highlights

  • Located in opportunity zone
  • Located on Sheboygan's South Pier near Blue Harbor Resort
  • Cash Flow to Owner/Operator $150,000 to $200,000
  • 2 waterfront condos (one with business for sale and one being leased)
  • Annual Sales $750,000 to $1,000,000

Executive Summary

Waterfront Anglers Avenue Pub and Grill for sale! A popular location for locals and tourists alike! Turn-key operation with currently 700+ loyalty club members. Outdoor dining area on the water. Incredibly clean! Includes the 510 South Pier Drive parcel which is leased and occupied by Anglers Avenue Pro Shop. Both parcels are business condos - no maintenance of buildings, parking or sidewalks. Pricing based on previous/current cash flow. Located on Sheboygan's South Pier near Blue Harbor Resort. Financials available with nondisclosure agreement or offer to purchase. Annual Sales $750,000 to $1,000,000 Cash Flow to Owner/Operator $150,000 to $200,000

PROPERTY FACTS

Property Type Retail
Property Subtype
Restaurant
  • General Retail Bar
Lot Size 0.62 AC
Gross Leasable Area 3,905 SF
No. Stories 2
Year Built 2007
Parking Ratio 1.54/1,000 SF
APN / Parcel ID
59281323510
  • 59281323517

Amenities

  • Bus Line
  • Restaurant
  • Waterfront
  • Air Conditioning

zoning

Zoning Code PUD
PUD
  • Listing ID: 23068208

  • Date on Market: 5/14/2021

  • Last Updated:

  • Address: 518 & 510 South Pier Dr, Sheboygan, WI 53081

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