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    197 Chestnut St Burlington, WI 53105

    For Sale
    Contact for pricing

    Prime Burlington Office Space, 3975 sq ft

    Property size:
    3,975 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional 3,975 square foot commercial space, located at 197 W Chestnut Street in Burlington, Wisconsin, presents a unique opportunity for businesses seeking a modern and efficient workspace. Situated on the second floor of an all-brick building, this property boasts a recently renovated interior featuring a new HVAC system, enhanced security measures, and automated systems. The space is currently a blank canvas, ideal for build-out to suit a variety of professional office needs. The layout is flexible, allowing for either separate leasing of individual units or a combined occupancy of the entire 3,975 square feet. Ample parking is provided with over 50 stalls available for tenants and their clients. The property sits on a 0.49-acre lot. A minimum three-year lease term is required, with a modified gross lease rate of $10.50 per square foot. However, flexible lease terms are available to accommodate specific business requirements. Prospective tenants should be prepared for build-out costs. This property offers a blend of modern amenities and a convenient location, making it an attractive option for businesses seeking to establish or expand their presence in Burlington. Contact us today to schedule a private viewing and explore the possibilities.

    Property Features for 197 Chestnut St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,975 SF
    Lot Size
    21,344 SF

    Building Details

    Year Built
    1960
    Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Burlington
    County
    RACINE
    State
    Wisconsin
    Longitude
    -88.27954
    Latitude
    42.6809

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Burlington Office Space, 3975 sq ft
    Where is this commercial real estate located?
    The property is located at 197 Chestnut St Burlington, WI.
    What is the asking price?
    The asking price for this property is $11.
    (262) 763-8116
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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
    197 Chestnut St Burlington, WI 53105
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