Building Details

Building Size 12,149 SF

Year Built 1971

Listing Agency: Deb DeFere Real Estate LLC

Listed By: Deb DeFere Show Phone

Source: Defererealestate

Added: Oct 31, 2024 Changed: Oct 23 Last Checked: Oct 23 at 5:07PM

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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 Deb DeFere Real Estate LLC

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Investment Insights

Based on property information with market context.

This 4.36-acre commercial property within the city limits includes an existing 12,000-plus-square-foot building, built in 1971. The building has 17 rooms, 6 baths, a commercial kitchen, and a lounge area, with parking and a detached shed. The property may be considered for continued use, building expansion, or redevelopment, subject to applicable city requirements and permitting.

A development concept described for the site consists of two 12-unit apartment complexes; permitting and confirmation of city regulations are the buyer’s responsibility. The property is at 1111 Reed St in Plymouth, Wisconsin, within walking distance of downtown and a grocery store.

Key Highlights

• 4.36 acres within Plymouth city limits
• Existing building exceeds 12,000 square feet and was built in 1971
• Building includes 17 rooms, 6 baths, a commercial kitchen, and lounge

Property Analytics

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Suggested Use

Top Pick Real Estate Agency HVAC Service Daycare Center Law Firm Barber Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

450

Businesses Nearby

Explore this area Business Placement

Demographics for 53073, WI

16,286

Population

6,591

Households

2.5

Avg Household Size

43

Median Age

25%

College-Educated

94%

High-School Grad

84.6 sq mi

ZIP Area

193

Density / Sq Mi

$76,100

Median Household Income

$43,023

Median Earnings

$867

Median Rent

$237,600

Median Home Value

Frequently Asked Questions

What type of property is this?

Commercial land - Existing improvements include a multi-room building with a commercial kitchen, lounge, parking, and a detached shed.

Where is this commercial land located?

The property is located at 1111 Reed St Plymouth, WI.

What is the lease rate?

The lease rate is $599,000.

What are key features of this property?

This property features: 4.36 acres within Plymouth city limits; Existing building exceeds 12,000 square feet and was built in 1971; Building includes 17 rooms, 6 baths, a commercial kitchen, and lounge