Listing Agency: Compass Show Phone

Listed By: Gary Dunham · License #WI 90-56424

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:47PM

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Investment Insights

Based on property information with market context.

This mixed-use building combines a retail component on the first floor with three residential rentals positioned across the second and third floors. The property is fully leased, providing an established combination of commercial and residential occupancy.

Located at 124 E Walworth Ave in Delavan, Wisconsin, the building sits along a historic brick road. The existing configuration offers retail space at street level and residential accommodations above within the same structure.

Key Highlights

• Fully leased mixed‑use property
• First‑floor retail space
• Three residential rentals on the second and third floors

Property Analytics

Property Profile

Current Use

Delavan's Downtown Deli Food Market

Suggested Use

Top Pick HVAC Service Auto Parts Store (Bike/Boat/Book/etc) Store Barber Shop Pharmacy Electrical Service

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

Location Intelligence

Trade Area within ½ mile

371

Businesses Nearby

Explore this area Business Placement

Demographics for 53115, WI

15,884

Population

8,848

Households

1.8

Avg Household Size

43

Median Age

25%

College-Educated

89%

High-School Grad

71.9 sq mi

ZIP Area

221

Density / Sq Mi

$70,880

Median Household Income

$38,871

Median Earnings

$1,012

Median Rent

$225,900

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Ground-floor retail is paired with three residential rental units across the upper levels.

Where is this mixed-use property located?

The property is located at 124 E Walworth Ave Delavan, WI.

What are key features of this property?

This property features: Fully leased mixed‑use property; First‑floor retail space; Three residential rentals on the second and third floors