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Downtown Mixed-Use Retail Building
For Sale
Contact for pricing
Pending

18 S Wisconsin St 16, Elkhorn, WI 53121

Fully occupied building includes two storefront businesses and three upper 1-bedroom apartments with a dry full basement for storage.

Property SizeContact for details
Days on Market147

Property Features for 18 S Wisconsin St 16

General Information

Standard status Pending
Property subtype Retail, Office
Occupancy 100%

Additional Details

Multifamily Units 3

Amenities

full basement storage
rear service entrance
separate private storage lockers

Building Details

Tenancy Multi
Listing Agency: Coldwell Banker Leith & Associates
Listed By: Bill Leith · License #WI 90-49439
Source: Crexi
Added: Apr 12 Changed: Aug 21 Last Checked: Sep 4 at 7:18PM

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 Coldwell Banker Leith & Associates

Investment Insights

Based on property information with market context.

This downtown mixed-use building offers 5,000+ square feet and is fully occupied, featuring two storefront businesses on the ground level and three upper 1-bedroom apartments. The property includes a large dry full basement for storage, with a rear service entrance. Each apartment also has separate private storage lockers, providing additional on-site storage for residents.

The building is located on Wisconsin Street (State Hwy 67) and is described as having maximum visibility along this corridor, supporting strong street-level exposure.

The combination of occupied retail income and residential rental units makes the property suitable for either an owner-occupant or an investor. The current owner is retiring after 25 years.

Key Highlights

  • 5000+ SF building in downtown Elkhorn with maximum visibility on Wisconsin Street (State Hwy 67).
  • Fully occupied: 2 storefront businesses plus 3 upper 1‑bedroom apartments.
  • Large dry full basement provides storage, with a rear service entrance.

Property Analytics

Current Use

Level 9 Hair Salon

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy Nail Salon Spa & Massage Center Grocery & Convenience 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

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

551
Businesses Nearby
Balanced
Demand for This Use

Demographics for 53121, WI

19,222
Population
8,397
Households
2.3
Avg Household Size
42
Median Age
33%
College-Educated
94%
High-School Grad
114.4 sq mi
ZIP Area
168
Density / Sq Mi
$83,635
Median Household Income
$45,112
Median Earnings
$1,031
Median Rent
$287,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Similar Off Market Nearby

  • KT Blooms Florist 9 N Wisconsin St, Elkhorn, WI 53121
  • Wishing Well Florist 26 S Wisconsin St, Elkhorn, WI 53121
  • KT Blooms Florist 41 N Wisconsin St, Elkhorn, WI 53121

Frequently Asked Questions

What type of property is this?
Storefront property - Fully occupied building includes two storefront businesses and three upper 1-bedroom apartments with a dry full basement for storage.
Where is this storefront property located?
The property is located at 18 S Wisconsin St 16 Elkhorn, WI.
What are key features of this property?
This property features: 5000+ SF building in downtown Elkhorn with maximum visibility on Wisconsin Street (State Hwy 67).; Fully occupied: 2 storefront businesses plus 3 upper 1‑bedroom apartments.; Large dry full basement provides storage, with a rear service entrance.
More about this property
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