Income or Redevelopment Property Available

Discover an exceptional investment or redevelopment opportunity at 1221 Erie Ave, located at the gateway to downtown Sheboygan. This expansive property spans over 1.4 acres, comprising four parcels, and features a substantial 93,000+ SF buildings. Positioned near one of Sheboygan's busiest intersections, this prime location offers high visibility and accessibility, making it ideal for various commercial uses.

Property is adjacent to the bike path and close to new apartment developments. Most of the existing tenants are on month-to-month leases, providing flexibility for future plans. Interested buyers are encouraged to contact the listing agent for detailed income and expense information.

Located in a qualified low-income census tract, this site may also offer potential incentives for re-development. Whether you're looking to invest, redevelop, or expand your portfolio, 1221 Erie Ave presents a rare and valuable opportunity in the heart of Sheboygan.

Address: 1221 Erie Ave., Sheboygan
Purchase Price: $1,200,000
Lots: ~1.45 Acres (59281206050, 59281206020, 59281205970 and 59281205960)
Buildings Size:

• 90,278 SF Main Building (retail, office, shop space & warehouse)

• 3,654 SF Storage/garage building

Zoning: Urban Commercial & Urban Residential-12 District
Traffic Count: 10,100 ADT
Property Taxes: $6,996 (2024)
Qualified Low Income Census Tract: Yes | 55117000500
Income/Expenses/NOI: Contact listing agent to sign NDA. Nearly all tenants on mo-mo leases.