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    115 Silver Lake St Oconomowoc, WI 53066

    Sponsored
    For Sale
    $275,000

    24-Unit Storage, High Demand, Turn-Key

    Property size:
    2,920 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    345
    This exceptional investment opportunity presents a well-maintained, 24-unit self-storage facility situated on a 0.44-acre lot in the heart of Oconomowoc, Wisconsin. The property boasts 2,920 square feet of space and enjoys a prime location, ensuring high demand and consistent occupancy. Currently operating as a successful, turn-key business, this facility offers a steady income stream with significant growth potential for a savvy investor. The units are well-maintained, minimizing upkeep requirements and maximizing profitability. The existing customer base provides a solid foundation for continued success, while the desirable location in Oconomowoc offers ample opportunity to expand operations and increase revenue. This is a rare chance to acquire a thriving business in a highly sought-after area. The property's current owners are pursuing other ventures, making this a unique opportunity for an investor seeking a stable and profitable investment in the commercial real estate market. The asking price is $275,000. This turnkey operation requires minimal effort to maintain its current success and offers significant upside for future growth. Don't miss this chance to own a piece of Oconomowoc's thriving commercial landscape.

    Property Features for 115 Silver Lake St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,920 SF
    Lot Size
    19,166 SF

    Building Details

    Year Built
    2000
    Property Profile Location Intelligence

    Current Use by Public Records

    City Center Storage ... Storage Facility

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Oconomowoc
    County
    WAUKESHA
    State
    Wisconsin
    Longitude
    -88.49393
    Latitude
    43.10857

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    FAQs

    What type of property is this?
    Commercial real estate - 24-Unit Storage, High Demand, Turn-Key
    Where is this commercial real estate located?
    The property is located at 115 Silver Lake St Oconomowoc, WI.
    What is the asking price?
    The asking price for this property is $275,000.
    (262) 287-9900
    Request Owner's contact information
    115 Silver Lake St Oconomowoc, WI 53066
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    Oconomowoc, WI 53066
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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
    115 Silver Lake St Oconomowoc, WI 53066
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