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Listed by William Doyle • MultiCraft Realty
$624,900
Est. payment /mo
10,148 SqFt
Active
508 S MADISON STREET Green Bay, WI 54301
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5001 or more
Square Footage 10,148 sqft
Price per Sqft $61
Municipality GREEN BAY
MLS Listing ID 50304632
Year Built 1945
Building Age 21+ Years
Annual Tax Amount $9,909
Lot Size 0.890 Acres
Acres 0.89
Property Description
A prime investment opportunity in downtown Green Bay! Includes 6 parcels and three buildings with 22 offices and 4 conference rooms. There are multiple ways to maximize the property's value: Owner-Occupy & Lease: Set up your business in one building and lease out the other two for passive income. Condo Conversion & Sell: Convert the buildings into separate commercial or mixed-use condos and sell them individually. Full Business Expansion: If your business needs space to grow, utilizing all three buildings could be a great long-term investment. This former Skogg Real Estate property has a total of 10,148 square feet of improvements, 38,100 sq ft of land (per assessor) and frontage on Madison and Martin St. Excellent parking with unique landscaping and architecture offers great curb appeal.
Location
State WI
County Brown
Area Gb/Fv-Swest (Brown Cty Only)
Zoning Office Residential
Direction Mason street to Madison st exit, property is immediately on your left
Rooms
Basement Block, Full
Interior
Cooling Central Air, Forced Air, Gas
Exterior
Garage Spaces 36.0
Parking On Site 36
Total Parking Spaces 36
Building
Dwelling Type Free Standing
Sewer Municipal Water, Municipal Sewer
Structure Type Vinyl,Wood
New Construction N
Schools
School District Green Bay Area
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