Remodeled Live-Work Office
11820 12th St Sturtevant, WI 53177
11820 12th St, Sturtevant, WI, 53177
$749,000
For Sale
$749,000
Remodeled live-work and office property with a main level kitchen and an upper level second kitchen/break area.
Property Size3,600 SF
Price / SF$208.06
Days on Market20
Property Features for 11820 12th St
General Information
- Standard status
- Active
- Size
- 3,600 SF
Listing agency
Only Real Estate Group
(262) 770-6278
Listed by
Anthony Wooden
(262) 770-6278
Source
Exprealty
Added: Jul 3 Updated: Jul 22 at 2:20AM Checked: Jul 22 at 2:20AM
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 Only Real Estate Group
Investment Insights
Based on property information with market context.
This remodeled live-work and office building has been modernized over the past four years and is set up with two kitchen/break areas. The main level includes comfortable living space with a modern kitchen, and the upper level provides additional space with a second kitchen/break area that can support office, studio, or other business uses.
The property is listed as B-2 Commercial and is positioned for convenience, just minutes from I-94.
With its dual-level layout and two kitchen/break areas, the building offers flexible space planning for either a combined living-and-working setup or separate business use arrangements.
The property is listed as B-2 Commercial and is positioned for convenience, just minutes from I-94.
With its dual-level layout and two kitchen/break areas, the building offers flexible space planning for either a combined living-and-working setup or separate business use arrangements.
Key Highlights
- Remodeled live‑work and office property updated over the past four years
- Main level features a modern kitchen and comfortable living spaces
- Upper level includes additional space plus a second kitchen/break area for office, studio, or business use
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $75.6k | $21.00 |
| − Vacancy | −$13.6k | −$3.78 |
| EGI | $62.0k | $17.22 |
| − OpEx | −$15.5k | −$4.31 |
| NOI | $46.5k | $12.92 |
3,600 SF · lease $21.00/SF/yr · vacancy 18.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$664.2K
$581.2K – $774.9K
NOI $46,494 @ 7.0% cap · market cap 6.21%
Second Best
Mixed Use
$532.3K
$465.8K – $621.0K
NOI $37,260 @ 7.0% cap · market cap 4.97%
Theoretical Best
Office A
$865.7K
$757.5K – $1.01M
NOI $60,601 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
FAQs
What type of property is this?
Live-work space - Remodeled live-work and office property with a main level kitchen and an upper level second kitchen/break area.
Where is this live-work space located?
The property is located at 11820 12th St Sturtevant, WI.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Remodeled live‑work and office property updated over the past four years; Main level features a modern kitchen and comfortable living spaces; Upper level includes additional space plus a second kitchen/break area for office, studio, or business use
