Sturgeon Bay, WI High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Sturgeon Bay, Wisconsin Market population: 9K. Browse multifamily, office, retail, industrial, and mixed-use investment...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Sturgeon Bay WI Properties: 1.3700%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Sturgeon Bay WI
Common questions from investors exploring commercial real estate in Sturgeon Bay WI.
What's the overall investment outlook for Sturgeon Bay, WI, considering its demographics and economy?
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Sturgeon Bay's median age of 43.7 and median household income of $46,572, combined with a relatively low poverty rate of 11.4% and high health insurance coverage of 95.5%, suggest a stable market with a strong foundation for real estate investment, driven by top industries like Public Administration and Finance & Insurance.
How does the city's ethnic diversity and commute time impact the rental market?
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The city's diverse population, with top ethnicities including White, White Non-Hispanic, and Hispanic, along with an average commute time of 17.8 minutes and a high rate of drove alone and worked at home commute methods, indicates a flexible and adaptable rental market that can attract a wide range of tenants, supported by a strong employment population of 4,912.
What are the implications of Sturgeon Bay's income inequality and property values for real estate investors?
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The city's GINI coefficient of 0.412, indicating moderate income inequality, combined with a median property value of $135,300 and median property taxes of $2,979, suggests that investors should focus on affordable housing options that cater to the local workforce, particularly in industries like Educational Services and Health Care & Social Assistance, which are among the top industries in the area.
How does the city's foreign-born rate and homeownership rate affect the rental demand?
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Sturgeon Bay's low foreign-born rate of 1.8% and high homeownership rate of 64.5% may indicate a relatively stable and traditional housing market, but the presence of top industries like Finance & Insurance and Real Estate & Rental & Leasing suggests a growing demand for rental properties, particularly among young professionals and families who prefer the flexibility of renting over buying.
What role do health insurance coverage and commute time play in assessing the quality of life for tenants in Sturgeon Bay?
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The high health insurance coverage rate of 95.5% and relatively short average commute time of 17.8 minutes in Sturgeon Bay suggest a high quality of life for tenants, with access to good healthcare and a reasonable work-life balance, making the city an attractive location for renters who value convenience, affordability, and a strong sense of community, supported by a diverse economy with a mix of public administration, finance, and healthcare industries.
Sturgeon Bay WI Real Estate & City Facts
Key facts and real estate information about Sturgeon Bay WI.
What are some of the best neighborhoods to live in Sturgeon Bay?
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Some of the best neighborhoods to live in Sturgeon Bay include Southern Door, Nasawapee, and areas near the waterfront. These neighborhoods offer a peaceful and friendly community, with beautiful natural surroundings and easy access to local amenities.
What are some fun things to do in Sturgeon Bay?
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There are plenty of fun things to do in Sturgeon Bay, including visiting the Door County Maritime Museum, exploring Cave Point County Park, and enjoying the city's many festivals and events, such as the Christmas By the Bay Holiday Celebration and the Sturgeon Bay Fine Art Fair. You can also take a stroll along the waterfront, visit the Sturgeon Bay Coast Guard Station, or go fishing in one of the many nearby lakes and rivers.
What is the food scene like in Sturgeon Bay?
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The food scene in Sturgeon Bay is vibrant and diverse, with a range of restaurants serving everything from traditional Wisconsin cuisine to international dishes. Some popular spots include Sonny's Italian Kitchen & Pizzeria, Bricklot Pub & Grill, and Waterfront Marys Bar and Grill. There are also plenty of great food trucks and cafes, such as Scaturo's Baking Company & Cafe, that offer delicious baked goods and coffee.
What are the pros and cons of living in Sturgeon Bay?
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The pros of living in Sturgeon Bay include its beautiful natural surroundings, friendly community, and easy access to local amenities. However, some cons include the city's relatively small size, which can limit job opportunities and entertainment options. Additionally, the city's location in a rural area can make it difficult to access certain services and amenities, such as high-speed internet and public transportation.
Is Sturgeon Bay a good place to live?
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Overall, Sturgeon Bay is a great place to live for those who value a peaceful and friendly community, with easy access to natural beauty and outdoor recreation. While it may not be the best fit for everyone, particularly those who require a more urban lifestyle, it is an excellent choice for families, retirees, and individuals who want to escape the hustle and bustle of city life and enjoy a more relaxed pace of living.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Sturgeon Bay WI Commercial Property: $46,572
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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