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Listed by Brandon O'Bryon • O'Bryon Realty
$ 735,000
Est. payment /mo
Active
712 24th STREET Manitowoc, WI 54220
33,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 33,000 sqft
Price per Sqft $22
Municipality MANITOWOC
MLS Listing ID 1961674
Year Built 1926
Tax Year 2026
Lot Size 1.300 Acres
Acres 1.3
Property Description
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?
Location
State WI
County Manitowoc
Zoning B-1
Rooms
Basement Full, Poured Concrete
Interior
Heating Natural Gas
Cooling Hot Water/Steam
Exterior
Exterior Feature Aluminum Trim, Aluminum Trim, Brick/Stone, Stone
Garage Spaces 40.0
Parking On Site 40
Roof Type Composition/Fiberglass,Rubber/Membrane
Building
Story 3
Sewer Municipal Sewer, Municipal Water
New Construction N
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