508 S MADISON ST

Green Bay,WI 54301

$ 624900

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Real Estate

Listing Status Active-No Offer

Purchase Type For Sale

Municipality City of Green Bay

MLS Listing ID 50304632

Originating Board ranw

Year Built 1945

Annual Tax Amount $9,909

Lot Size 0.890 Acres

Acres 0.89

Lot Dimensions 165x240

Property Sub-Type Real Estate

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

Zoning Office Residential

Rooms

Basement Full

Interior

Heating Central A/C,Forced Air

Exterior

Total Parking Spaces 36

Building

Story 2

Foundation Block

Sewer Municipal Sewer

Water Municipal/City

Structure Type Vinyl,Wood/Wood Shake/Cedar

Schools

School District Green Bay Area

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