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    N7W23825 Bluemound Rd Waukesha, WI 53188

    For Sale
    $619,000

    Restaurant/Daycare Space - Redevelopment Opportunity

    Property size:
    2,874 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This 2,874 square foot commercial building, situated on a 1.05-acre lot in Waukesha, Wisconsin, presents a unique redevelopment opportunity. Previously used as a restaurant and most recently as an adult daycare center, the property offers significant versatility. The building requires remodeling, providing a blank canvas for a new owner's vision. A key advantage is the expansive outdoor space, ideal for seating or additional building expansion. The property boasts two convenient access points on Bluemound Road, ensuring high visibility and accessibility. City water is available, supplemented by an existing holding tank. The zoning allows for a variety of uses, including a Community Based Residential Facility (CBRF) or a childcare center. Its prime location near the Waukesha Airport offers excellent exposure and convenient access for employees and customers. The asking price is $619,000. This property is perfect for an entrepreneur seeking a high-impact investment with significant upside potential. The large lot size and flexible zoning make it an attractive option for a wide range of commercial ventures. Bring your vision and transform this property into a thriving business. The location offers easy access to major transportation routes, enhancing its appeal to a diverse clientele. Don't miss this chance to acquire a substantial commercial property in a desirable Waukesha location.

    Property Features for N7W23825 Bluemound Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,874 SF
    Lot Size
    45,738 SF

    Building Details

    Year Built
    1948
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Clothing Store Gym & Fitness Auto Repair Shop Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waukesha
    County
    WAUKESHA
    State
    Wisconsin
    Longitude
    -88.22247
    Latitude
    43.03993

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    FAQs

    What type of property is this?
    Commercial real estate - Restaurant/Daycare Space - Redevelopment Opportunity
    Where is this commercial real estate located?
    The property is located at N7W23825 Bluemound Rd Waukesha, WI.
    What is the asking price?
    The asking price for this property is $619,000.
    (414) 434-2425
    Request Owner's contact information
    N7W23825 Bluemound Rd Waukesha, WI 53188
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    N7W23825 Bluemound Rd Waukesha, WI 53188
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