Former Veterinary Clinic For
For Sale
Contact for pricing
108 Pine St N, Burlington, WI
Veterinary clinic with potential for two tenant spaces.
Property Size1,947 SF
Lot Size0.20 Acres
Price / SF$179.71
Days on Market364
Property Features for 108 Pine St N
General Information
Standard status
Active
Size
1,947 SF
Lot size
0.20 Acres
Property subtype
OFFICE
Listing Agency:
City Commercial Real Estate, LLC
(414) 223-4000
Listed By:
Madeline Rzentkowski · License #9407194
(262) 419-9419
Source:
Moodyscre
Added: Oct 9, 2025
Changed: Oct 6
Last Checked: Oct 5 at 7:52PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of City Commercial Real Estate, LLC
Investment Insights
Based on property information with market context.
The property, a former veterinary clinic available for sale for the first time since 1990, was initially designed for two tenants. The current owner combined both tenant spaces upon purchase in 1990 and further updated the property in 2013. The 1947-square-foot building includes a reception area, two exam rooms, a wash station, a kennel room, a restroom, and storage rooms. It features a rubber roof with two rooftop HVAC units. The property could be converted back into two tenant spaces if desired.
Key Highlights
- Former veterinary clinic available for the first time since 1990.
- Originally designed for two tenants, offering flexible use options.
- Potential to convert back into two separate tenant spaces.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,146
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,920
$502.9K
Cap Rate 7%
$359,229
$359.2K
Cap Rate 9%
$279,400
$279.4K
Market Conditions
NOI Build-Up for 1,947 SF
Gross rent
$40.9K $21.00/SF
− Vacancy
−$7.4K −$3.78/SF
EGI
$33.5K $17.22/SF
− OpEx
−$8.4K −$4.31/SF
NOI
$25.1K $12.92/SF
Area
Racine County, WI
Vacancy
18.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,920
Cap Rate 7%
$359,229
Cap Rate 9%
$279,400
Alternative Uses
Best Use
Office B
$359.2K
$314.3K – $419.1K
NOI $25,146 @ 7.0% cap · market cap 7.19%
Second Best
Healthcare Medical
$342.7K
$299.9K – $399.8K
NOI $23,989 @ 7.0% cap · market cap 6.86%
Theoretical Best
Office A
$468.2K
$409.7K – $546.3K
NOI $32,775 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,156
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Molitor Pet & Bird Clinic — 108 N Pine St, Burlington, WI 53105
- Creature Comforts House Call Veterinary Service — 615 N Pine St, Burlington, WI 53105
Frequently Asked Questions
What type of property is this?
Medical Office Space - Veterinary clinic with potential for two tenant spaces.
Where is this medical office space located?
The property is located at 108 Pine St N Burlington, WI.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Former veterinary clinic available for the first time since 1990.; Originally designed for two tenants, offering flexible use options.; Potential to convert back into two separate tenant spaces.
