$1,000,000 price reduction. Medical/Office

Two Rivers, WI
Manitowoc County

Two Rivers

Asking Price: Annual Revenue:
$900,000 Not Disclosed

Commercial Real Estate: Office Space, Office Parks

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RE: $1,000,000 price reduction. Medical/Office Broker: John Foster

Quick Facts

Asking Price: $900,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 359510986
Broker Reference #: C2293

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Business Overview:

Situated just off Lake Michigan within the city limits of Manitowoc, Wisconsin, this property is ideally located between the municipalities of Manitowoc and Two Rivers, Wisconsin. The property was previously utilized as a medical clinic and medical office building. Very well suited to continue use in medical/office. However, the building could be repurposed for general offices or a number of other uses as a buyer may see fit. There are numerous exam rooms and office areas, eight bathrooms and two large reception areas.

The facility, which was built in phases, consists of three interconnected buildings. The 7,990-square foot northern building went up in 1990, the 7,886-square foot middle building followed in 1995, and in 1997 the 6,729- square foot southern building was added. The total square footage of the facility is approximately 22,605 square feet. There are two main entrances on the northern and southern ends of the facility, each with a reception area and parking lot. The property can accommodate approximately 128 vehicles, 80 on the southern end and 48 on the northern end.

The facility is situated on one city lot zoned C-1. Also included in the sale are two adjacent vacant lots, zoned Residential, for a total of 7.6 acres or 331,056 square feet. The buildings themselves have been meticulously maintained. The mechanical systems have also been well cared for and are in good working order. The entire facility is zoned with both heating and cooling and serviced by 600 amp 240 volt electrical service.

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Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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