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Listing Courtesy Of:

Listing Office: O'Bryon Realty

Listing Office Phone: (262) 293-2090

712 S 24th St Manitowoc, WI 54220

$735,000
Active / MLS# 1961674 / Commercial - Business / Manitowoc
0 Beds
33000 SqFt

Incredible redevelopment opportunity for workforce housing in the heart of Manitowoc. City Hall is looking to work with you as you meet this community's pressing need for affordable housing. The solid school building contains 12 rooms each with approximately 900 sq. ft. ready for conversion into a mix of studio, one-bed, and two-bed units. Also, a lower level could provide additional garden terrace units. The church building offers flex space for an indoor pickleball court, gym, venue, daycare, temperature-controlled storage, or your idea. The attached 5 br, 4.5 ba, and 2 car gar home provides instant housing or cash flow during redevelopment. Where else can you find 22-25 workforce housing units for $75k-$85k per unit and significant monthly revenue after redevelopment?

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Baird & Warner Liz O'Connell Agent Cell: 708.772.0337 Email

Property Details

Property Type: Commercial - Business
Basement: Full, Poured Concrete
Fenced: Yes
Lot Size: 1.30 Acres
Roof Type: Composition, Rubber
Stories: 3.0
Taxes: $0
Year Built: 1926

Feature Descriptions

Ceiling Height (AVG): 11-15
Data Source: Metro MLS
Exterior: Low Maintenance Trim, Stone
Flood Plain: No
Heating/Cooling: Hot Water/Steam, Natural Gas
Location: Business District, Corner, Near Public Transit
Miscellaneous: 220 Volt Power, Fenced Yard, Inside Storage, Living Space Avail.
Parking: 40.00
Proximity to Highway: 3-5 Miles
Road Frontage: High Visibility, Near Public Transit, Paved Road, Town/City Road
Truck Door Height: No Truck Door
Water/Sewer: Municipal Sewer, Municipal Water
Zoning: B-1

Location

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