Property Description

Incredible redevelopment opportunity for workforce housing in the heart of Manitowoc. City Hall is looking to work with you as you meet this community's pressing need for affordable housing. The solid school building contains 12 rooms each with approximately 900 sq. ft. ready for conversion into a mix of studio, one-bed, and two-bed units. Also, a lower level could provide additional garden terrace units. The church building offers flex space for an indoor pickleball court, gym, venue, daycare, temperature-controlled storage, or your idea. The attached 5 br, 4.5 ba, and 2 car gar home provides instant housing or cash flow during redevelopment. Where else can you find 22-25 workforce housing units for $75k-$85k per unit and significant monthly revenue after redevelopment?

Property Features