Vacant Restaurant — Sale in Manitowoc, WI

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Manitowoc, WI 54220

Investment Figures

Cap rate
1.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present this vacant restaurant for sale or lease. The building is approximately 5,400 square feet and was previously operated as a Perkins. This property is in a major retail corridor with strong visibility, ample parking and proximity to national retailers. Investment Highlights: • Former Perkins Restaurant Available for Sale or Lease • Approximately 5,400 Square Foot Building Built in 1991 on an Approximately 1.38 Acre Parcel • Large Parking Lot with Two Points of Ingress and Egress • Adjacent to Wendy's, Quality Inn and Holiday Inn • Just East of Interstate 43 that Runs Between Green Bay and Milwaukee • Over 37,800 Residents Within Five Miles

Market Context

This retail in Manitowoc, WI is listed for sale. It is offered at an approximate 1.0% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 78 days. Compare it against other retail listings for sale in Manitowoc, WI — view the full market.

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