1851 S Alverno Rd - Office FOR SALE


Manitowoc, WI 54220
$3,250,000 USD
920-913-7355
1851 S Alverno Rd, Manitowoc, WI for Sale
$3,250,000 USD
Office - FOR SALE
1/4
null | 6.5% Cap Rate

1851 S Alverno Rd
Manitowoc, WI 54220


HIGHLIGHTS

  • Located near Interstate 43, providing excellent regional connectivity to Green Bay, Sheboygan, and Milwaukee.
  • Situated on 8.44 acres with exceptionally large surface parking to accommodate high employee or visitor traffic.
  • Modern pre-engineered steel frame construction with additions completed in 2012 and 2017 for enhanced functionality.
  • Flexible office/flex layout designed for adaptability and future growth opportunities.
  • Well-maintained property grounds offering a professional and attractive business environment.

OVERVIEW

Located at 1851 South Alverno Road in Manitowoc, Wisconsin, this expansive office/flex property offers a versatile opportunity for both sale and lease. Situated on 8.44 acres, the site features a total building size of approximately 36,942 square feet, designed with adaptability and future growth in mind. Originally constructed in 2007 with significant additions in 2012 and 2017, the facility is built with a pre-engineered steel frame structure, ensuring durability and functionality for a wide range of business uses. The property boasts exceptionally well-maintained grounds and an extensive surface parking lot, providing convenience for employees and visitors alike. With its proximity to Interstate 43, the location offers excellent regional connectivity and easy access to major markets, including Green Bay, Sheboygan, and Milwaukee. This property is offered for sale at $3,250,000, with lease rate negotiable. Its flexible design, strong infrastructure, and strategic location near a skilled workforce make it an outstanding option for businesses seeking a high-quality facility in a growing market.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$88 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

415

LAND DETAILS

LAND ACRES

8.44 AC

LAND SF

367,646 SF

ZONING

-

APN/PARCEL ID

449-008-011

ASK ABOUT THIS PROPERTY

Troy RademannColliersMore Info
920-913-7355

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Troy RademannColliersMore Info
920-913-7355

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.