List Search

1022 Washington St
Manitowoc, WI 54220

$430,000 USD

Freestanding For Sale  •  2,251 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 2,251 SF
  • Lot Size 0.55 AC
  • Building Class C
  • Year Built 1971
  • Cap Rate 16.26 %
  • Tenancy Single
  • Zoning Commercial General
0 Transit Score
83 Walk Score

Highlights

Pizza Hut vacating December 2024 after 35+ year occupancy. 16%+ cap on current income
Located in coveted TIF Zone
Large 0.55 acre corner lot
Ideal downtown location on city's main thoroughfare with 9k vehicles per day
Upscale, 6 story, 81 unit apartment complex just constructed 0.3 miles from the subject property
Drive-thru permitted

Property Flyers

Cap Rate: 16.26 %

Major Tenants

Tenant SF Occupied Lease End Date
Pizza Hut

Amenities

  • Signage

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes
CJ Brill 310-793-6069 Transwestern Real Estate Services
CJ Brill 310-793-6069 Transwestern Real Estate Services