
Description
-Rare Redevelopment Opportunity on Velp Avenue: Green Bays Future Gateway into Downtown -Keystone Property in the City of Green Bays 2017 Velp Avenue Areawide Plan -Envisioned by the City of Green Bay for Mixed Commercial, Street-Oriented Mixed use, or Destination Retail -Opportunity Zone -Site size is 3.742 Acres -Split Zoned: Auto Dealership is Business 2 & rest of property is light Industrial. -2021 R/E Taxes: $7,523.63 -Three Short Term Leases with Additional Billboard Lease -Building 1 Occupied by Used Car Dealership w/Approx. 323 SF -Building 2 Occupied by Auto Repair Shop w/Approx. 9,570 SF -Building 3 Occupied by Commercial Painter w/Approx. 1,740 SF -Combined Structure SF of Approx. 12,205 -Desirable Traffic Count of 13,300+ -Direct Access to Highway I43
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0BEDS
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3.7ACRES
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0BATHS
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01/2 BATHS
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12,205SQFT
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$65$/SQFT
Description
-Rare Redevelopment Opportunity on Velp Avenue: Green Bays Future Gateway into Downtown -Keystone Property in the City of Green Bays 2017 Velp Avenue Areawide Plan -Envisioned by the City of Green Bay for Mixed Commercial, Street-Oriented Mixed use, or Destination Retail -Opportunity Zone -Site size is 3.742 Acres -Split Zoned: Auto Dealership is Business 2 & rest of property is light Industrial. -2021 R/E Taxes: $7,523.63 -Three Short Term Leases with Additional Billboard Lease -Building 1 Occupied by Used Car Dealership w/Approx. 323 SF -Building 2 Occupied by Auto Repair Shop w/Approx. 9,570 SF -Building 3 Occupied by Commercial Painter w/Approx. 1,740 SF -Combined Structure SF of Approx. 12,205 -Desirable Traffic Count of 13,300+ -Direct Access to Highway I43
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