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Bay Shore/Memorial Drive Mixed Use Development - Prime Development Land Lake Michigan Views

3.16 - 3.3 Acre Commercial Land Lots Offered at $1,100,000 - $1,149,000 Per Lot in Manitowoc, WI 54220

Investment Highlights

  • Located on Manitowoc - Two Rivers' main corridor (17,500 CPD / 2017)
  • Easy access from I-43 via Waldo Boulevard
  • Lots can be subdivided or merged - up to 6.46 of total contiguous land available
  • All lots will be fully improved - including water, sewer, storm water connection to regional ponds, electric and gas
  • Development is located in the City of Manitowoc TIF District 18
  • Unobstructed views of Lake Michigan

Executive Summary

Prime Development Land with Substantial Picturesque Lake Michigan Views in a high visibility, high traffic location along the Lake Michigan corridor to Door County.

Property Facts

Price $1,100,000 - $2,249,000
Sale Type Investment or Owner User
Sale Conditions Redevelopment Project
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Bank
  • Office Park
Total Lot Size 6.46 AC

2 Lots Available

Lot B

Price $1,149,000
Price Per AC $348,182
Lot Size 3.30 AC

Frontage on Memorial Drive. It can be subdivided or merged with Lot C. The lot is zoned B3, is extremely visible and features incredible, unobstructed views of Lake Michigan.

Lot C

Price $1,100,000
Price Per AC $348,101
Lot Size 3.16 AC

Frontage on Memorial Drive. It can be subdivided or merged with Lot B. The lot is zoned B3, is extremely visible and features incredible, unobstructed views of Lake Michigan.

Description

Manitowoc's premier mixed-use development located right on Lake Michigan. This former golf course is located on Manitowoc - Two Rivers' main corridor (17,500 CPD / 2017) and boasts unobstructed views of Lake Michigan. Easy access from I-43 via Waldo Boulevard. Join BayCare Clinics, Community First Credit Union, Angelus Senior Living and Rivers Edge Apartments in this brand new development. New luxury apartments were recently completed and future condos are planned. All lots will be fully improved - including water, sewer, storm water connection to regional ponds, electric and gas. Included in the development plans are trails, boardwalk and a pedestrian bridge that connect Manitowoc's Mariner's Trail to Lincoln Park. This development is located in the City of Manitowoc TIF District 18 and is directly north of Manitowoc's only office park. These lots can be subdivided or merged - up to 6.46 of total contiguous land available.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
52-816-303-050.00
Land Assessment
$136,800
Improvements Assessment
$4,200
Total Assessment
$141,000

zoning

Zoning Code B2 and B3
B2 and B3
  • Listing ID: 17599942

  • Date on Market: 10/31/2019

  • Last Updated:

  • Address: Bay Shore/Memorial Drive Mixed Use Development, Manitowoc, WI 54220

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