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Sheboygan Falls, WI - Former Bank Building

806 Monroe St - Sheboygan Falls, Wisconsin

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Why Buy This Property

This pristine building provides high visibility and an incredible location next to City Hall and the Fire Department in Historic Downtown Sheboygan Falls, Wisconsin!

  • Great curb appeal
  • Spacious private offices
  • Large open area 
  • Open office space
  • A lower-level employee lunchroom and training room
  • Professionally maintained

Description

High visibility former full-service bank building with drive-through in historic Sheboygan Falls next to the Sheboygan Falls Fire Station and City Hall.  Just steps from the Sheboygan Public Library, YMCA, shopping, restaurants and parks. 

  • 5,654 square foot masonry and glass building with partial basement built in 1960
  • Roof:  Rubber ballast
  • Power: 400 AMP
  • HVAC: The entire building is heated and air-conditioned
  • Water & Sewer: Municipal
  • At the corner of Monroe and Buffalo Streets in Historic Sheboygan Falls, Wisconsin
  • .5 acres
  • 8 parking spaces
  • 3 drive-through lanes
  • 100’± frontage and curb cut to Buffalo Street and 240’± frontage and 2 curb cuts to Monroe Street
  • Zoned C-1 - Commercial District by the City of Sheboygan Falls
  • Sheboygan County Parcel# 59282900710
  • Sheboygan County 2023 Appraised Value: $524,500
  • Sheboygan County 2023 Estimated Fair Market Value: $651,200
  • Sheboygan County 2022 Taxes Paid: $5,468.94
  • Sheboygan Falls City 2022 Taxes Paid: $11,724.64
  • Taxes have not been finalized for the year 2023

There are 2-year Deed Restrictions prohibiting future use by Financial Institutions or Drug Dispensaries. See Due Diligence Documents for more details.

Property Location

Auction / Date / Time

October 26, 2023 Bidding closes at 11:00 A.M. Central Time

Property Video

Inspection Dates

Inspection Dates and Time: Monday, October 23 at Noon CT SHARP! 

On the inspection dates, representatives of the auction company will provide tours of the property and be available to answer questions.  Please call (312) 278-0600 extension 101 to schedule your inspection.  

Registration and government-issued photo identification are required by all persons attending any and all property inspections.

Details

Buyer's Premium (Buyer's Fee) : Buyer's Fee 5% or $2,500 whichever is greater

In Cooperation With : Auction Management Corp.

ON-LINE BIDDING INFORMATION & REGISRATION

Bidding Opens: Friday, September 29 at 11:00 AM CT
Bid Deadline: Thursday, October 26 at 11:00 AM CT

Proof of funds is required prior to the auction. 10% Earnest Money is required upon winning the bid. See purchasing sale contract for closing date. The Buyer's Premium equal to 10% will be added to the winning bid to determine the sale price.

This auction features a "grouped bid extension." This means if any of the properties in the auction receive a bid within five minutes of the deadline, the deadline will be extended for an additional five minutes on all auction properties. The opportunity to bid will continue until five minutes past the last bid placed. The Broker / Auctioneer is not responsible for bidding errors or the inability to bid caused by internet outages, bid platform failures, or power failures. Should you have any questions or trouble bidding, please contact us at 770-980-9565

All buyers are subject to review by and Approval by Seller. Buyer must pass Financial Crimes Check via OFAC, Office of Foreign Assets Control. Buyer will complete the form provided with closing Entity Name & TIN. Seller requires 5 business days to Approve. There are deeded 2-year Restrictions on all properties prohibiting use as Financial Institutions or Drug Dispensaries. See Due Diligence Documents for more details.

Contact Us

  Fine & Company LLC
  Michael A.Fine, CCIM, CAI, AARE
  Illinois, United States
  312-852-8523
  michael@fineandcompany.com

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Other Information

Broker Participation : Buyer's Agent participation is invited!
A 2% referral fee will be paid to the REALTOR®/Broker whose registered buyer closes on this property. Please refer to the Buyer Broker registration requirements in the Terms of Sale. Seller has provided a variable commission rate.

Licensing : Michael A. Fine, Licensed WI Real Estate Broker #48537, Renee Jones, Licensed WI Auctioneer #2110

Terms Of Sale : This auction is being conducted subject to the Terms of Sale and Purchase and Sales Agreement. 

Disclaimer : The Seller, Broker, and Auctioneer and their agents assume no liability for inaccuracies, errors, or omissions in the auction marketing materials, including the Bidder's Information Packet. All square footage, dimensions, real estate taxes, and common area fees, if any, are approximate. All materials are subject to inspection and verification by all parties relying on them. This offering is subject to prior sale and may be withdrawn, modified, or cancelled without notice at any time. This is not a solicitation or offering to residents of any state where this offering is prohibited by law.

We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap status, familial status or national origin or any other classes under state or local law or intention to make any such preference, limitation, or discrimination.

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