508 S MADISON STREET Active

Green Bay,WI 54301

$ 624900

- Bed

- Bath

10148 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 10,148 sqft

Price per Sqft $61

MLS Listing ID 50304632

Year Built 1945

Annual Tax Amount $9,909

Lot Size 0.890 Acres

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

Interior

Cooling Central Air,Forced Air,Gas

Exterior

Garage Spaces 36.0

Parking On Site 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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