Office Space
603 South 8th Street Sheboygan, WI 53081
Details & Description
Price: $4,500,000
    FeaturesCushman & Wakefield | Boerke has been exclusively retained to market for sale 615 and 603 S 8th Street, two Class A, multi-tenant office buildings in Sheboygan, Wisconsin. The Riverfront Office Center provides a unique opportunity in downtown Sheboygan, Wisconsin for an investor to purchase a multi-tenant office complex well below replacement cost with year-one double-digit cash on cash returns.Basic Details:COMBINED TOTAL SIZE: 46,963 SFASKING PRICE: $4,500,000Address: 603 S 8th Street Sheboygan, WIBuilding Size: 16,000 SFAddress: 615 S 8th Street Sheboygan, WIBuilding Size: 30,963 SF
    Listing Agents
    David Tighe

    O: 414-436-3743
    M: 414-416-8319
    dtighe@boerke.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    603 South 8th Street

    Sheboygan, WI 53081

    Listing ID: 201201
    603 South 8th Street Sheboygan, WI 53081 | for Sale | Photo 1
    Building Size: 46,963 SF
    Lot Size: 1.149 AC
    Land Size: 50,050 SF
    Building $/SF: $95.82
    Land $/SF: $89.91
    Price
    $4,500,000
    Description

    Features

    Cushman & Wakefield | Boerke has been exclusively retained to market for sale 615 and 603 S 8th Street, two Class A, multi-tenant office buildings in Sheboygan, Wisconsin. The Riverfront Office Center provides a unique opportunity in downtown Sheboygan, Wisconsin for an investor to purchase a multi-tenant office complex well below replacement cost with year-one double-digit cash on cash returns.

    Basic Details:

    COMBINED TOTAL SIZE: 46,963 SF

    ASKING PRICE: $4,500,000

    Address: 603 S 8th Street Sheboygan, WI

    Building Size: 16,000 SF

    Address: 615 S 8th Street Sheboygan, WI

    Building Size: 30,963 SF

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Milwaukee History of Office Space for Sale

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    Sheboygan Area Market Trends

    Listing Demographics for 603 South 8th Street Sheboygan, WI 53081

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population14,21356,08869,297
    Population Median Age383940
    Population by Age0-9 Yrs1617 (11%)7100 (12%)8425 (12%)
    10-19 Yrs2147 (15%)7484 (13%)9165 (13%)
    20-29 Yrs1741 (12%)7197 (12%)8699 (12%)
    30-39 Yrs2058 (14%)7442 (13%)8613 (12%)
    40-49 Yrs2175 (15%)7137 (12%)8802 (12%)
    50-59 Yrs1770 (12%)7161 (12%)9342 (13%)
    60-69 Yrs1421 (9%)6198 (11%)8121 (11%)
    70+ Yrs1284 (9%)6370 (11%)8130 (11%)
    Median HH Income$45,123$52,484$55,545
    Total Household Income< 24K1652 (26%)4760 (20%)5484 (18%)
    25-49K1851 (29%)6525 (27%)7655 (26%)
    50-74K1217 (19%)5066 (21%)6069 (20%)
    75-99K872 (13%)3392 (14%)4358 (14%)
    100-199K700 (11%)3609 (15%)5088 (17%)
    200K+27 (0%)294 (1%)611 (2%)
    Highest Education LevelNo Diploma114235613955
    Diploma or GED35181335716177
    Some College2250836410214
    Assoc. Degree74138814802
    Bachelors Degree130261858440
    Higher Degree61926413898
    Total Housing Units7,03825,57031,339
    --Owner-Occupied2,88514,60418,833
    --Renter-Occupied3,4349,04210,431
    Owner-Occupied Values< 100K158754095829
    100-199K91271228766
    200-299K30014422857
    300-399K17261710
    400-499K2083194
    500K+49288478
    Total Working Age Population11,16843,99654,955
    In Work Force7,35229,21036,337
    Not In Work Force3,81614,78618,618
    Workforce Employed6,89627,76834,742
    Workforce Unemployed4541,4091,561
    Civlian Workforce7,34929,17736,303
    Military Workforce23334
    Total Households6,31923,64629,264
    Family Households3,08613,86017,677
    Non-Family Households3,2339,78611,587
    Married Couple2,03610,26813,581
    Other Family1,0503,5924,096
    Married w/Child1,1334,3795,537
    Single Male w/Child184678759
    Single Female w/Child4231,5401,761

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Wisconsin5,363,675+65,686,986+66,005,080+66,375,910
    Sheboygan County112,646+3115,507+4119,890+5126,160

    Total Working Age Population:

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    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 603 South 8th Street in Sheboygan?
    The asking price for 603 South 8th Street is $4,500,000
    What is the building size of this Office property in Sheboygan, WI?
    The size of the building/unit at 603 South 8th Street in Sheboygan is 46,963 square feet
    How much land does the Sheboygan, WI property at 603 South 8th Street include?
    603 South 8th Street in Sheboygan includes 1.149 acres of land
    What kind of Office is the propery at 603 South 8th Street?
    The property at 603 South 8th Street Sheboygan, WI 53081 is listed as a Professional Office property
    What is the population within 1 mile of 603 South 8th Street in Sheboygan?
    The population within 1 mile of 603 South 8th Street Sheboygan, WI 53081 is 14,213 people.
    Who do I contact for questions about 603 South 8th Street?
    You should contact the listing agent, David Tighe, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    Austin Straubel International Airport (GRB) 55
    General Mitchell International Airport (MKE) 56
    Dane County Regional Truax Field (MSN) 92