Retail Condo Suite With
10 Liberty Street Deerfield, WI 53531
New
10 Liberty Street, Deerfield, WI, 53531
$185,000
For Sale
$185,000
COMMERCIAL - Deerfield, WI
Property Size1,700 SF
Lot Size0.08 Acres
Price / SF$108.82
Days on Market2
Property Features for 10 Liberty Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMM
- Interior features
- Private Restrooms
- Standard status
- Active
- APN
- 0712-214-4205-1
- Size
- 1,700 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2386
Building Details
- Year built
- 1970
- Number of units
- 1
Listing Agency
EXP Realty, LLC
(608) 838-1377
4810 Larson Beach Rd, Middleton, WI
Listed by
Alan Mikkelson · License #55642-90
(608) 347-3444
Added: Jul 16 Checked: Jul 17 at 5:06 am
MLS# 2028175
Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained commercial condo suite offers an open layout with 9.5-foot ceilings and large, front-facing windows providing abundant natural light. The space includes a private restroom and generous storage, supporting day-to-day operations for a variety of commercial uses.
Located at 10 Liberty Street in Deerfield, WI, the property is positioned in a high-visibility area surrounded by established retail and professional businesses. Convenient access to I-94 and Highways 12 and 18 supports straightforward travel for clients and employees.
The listing notes a current tenant on a month-to-month lease. Zoning is listed as COMM.
Located at 10 Liberty Street in Deerfield, WI, the property is positioned in a high-visibility area surrounded by established retail and professional businesses. Convenient access to I-94 and Highways 12 and 18 supports straightforward travel for clients and employees.
The listing notes a current tenant on a month-to-month lease. Zoning is listed as COMM.
Key Highlights
- Commercial condo with private restroom and open layout
- 9.5‑foot ceilings and large front‑facing windows for natural light
- Generous storage space included
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.5k | $15.00 |
| − Vacancy | −$2.2k | −$1.31 |
| EGI | $23.3k | $13.70 |
| − OpEx | −$7.0k | −$4.11 |
| NOI | $16.3k | $9.59 |
1,700 SF · lease $15.00/SF/yr · vacancy 8.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$232.8K
$203.7K – $271.6K
NOI $16,297 @ 7.0% cap · market cap 8.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$395.0K
$345.7K – $460.9K
NOI $27,653 @ 7.0% cap · market cap 14.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Holland's Hearts & Hands
High School
Nelson's Barbershop
Barber Shop
Bank of Deerfield
Bank
Marjorie Budahn CPA ...
Tax Preparation
Deerfield Community Center
Community Center
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Well-maintained commercial condo suite with large front-facing windows, 9.5-foot ceilings, and a private restroom.
Where is this storefront property located?
The property is located at 10 Liberty Street Deerfield, WI.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Commercial condo with private restroom and open layout; 9.5‑foot ceilings and large front‑facing windows for natural light; Generous storage space included
