Retail Storefront with Second
9 S Wisconsin St Elkhorn, WI 53121
9 S Wisconsin St, Elkhorn, WI, 53121
$249,700
For Sale
$249,700
Commercial space includes two bathrooms and a flexible second level for retail or office use.
Property Size2,181 SF
Price / SF$114.49
Days on Market430
Property Features for 9 S Wisconsin St
General Information
- Standard status
- Active
- Size
- 2,181 SF
Listing agency
@properties
(262) 949-3618
Listed by
Jerry Kroupa · License #4186490
(262) 949-3618
Source
Exprealty
Added: May 19, 2025 Updated: Jul 22 at 6:23PM Checked: Jul 22 at 6:23PM
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 @properties
Investment Insights
Based on property information with market context.
This downtown commercial storefront offers approximately 2,000 square feet of flexible space designed to support multiple uses. The layout includes two bathrooms and a flexible second level that can accommodate additional retail, office use, or other interior reconfiguration.
Located at 9 S Wisconsin St in Elkhorn, the property is positioned for strong street visibility with large window displays. Public remarks also note high foot traffic and proximity to nearby shops and restaurants.
For tenants or owners seeking a storefront with an additional level, this configuration provides straightforward frontage presentation on the ground floor and usable space upstairs to support a variety of commercial setups.
Located at 9 S Wisconsin St in Elkhorn, the property is positioned for strong street visibility with large window displays. Public remarks also note high foot traffic and proximity to nearby shops and restaurants.
For tenants or owners seeking a storefront with an additional level, this configuration provides straightforward frontage presentation on the ground floor and usable space upstairs to support a variety of commercial setups.
Key Highlights
- Versatile 2,000 SF commercial space in downtown Elkhorn
- Includes two bathrooms
- Flexible second level for additional retail or office 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 | $32.7k | $15.00 |
| − Vacancy | −$7.2k | −$3.30 |
| EGI | $25.5k | $11.70 |
| − OpEx | −$6.4k | −$2.93 |
| NOI | $19.1k | $8.78 |
2,181 SF · lease $15.00/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$273.4K
$239.2K – $319.0K
NOI $19,138 @ 7.0% cap · market cap 7.66%
Second Best
Retail
$260.0K
$227.5K – $303.4K
NOI $18,203 @ 7.0% cap · market cap 7.29%
Theoretical Best
Specialty Retail
$420.9K
$368.3K – $491.1K
NOI $29,463 @ 7.0% cap · market cap 11.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
KT Blooms Florist
(Bike/Boat/Book/etc) Store
Cultivated
Department Store
Adagio Studio Inspirato ...
Clothing & Fashion Store
Similar For Sale Nearby
Similar Off Market Nearby
- KT Blooms Florist — 9 N Wisconsin St, Elkhorn, WI 53121
- KT Blooms Florist — 41 N Wisconsin St, Elkhorn, WI 53121
- Wishing Well Florist — 26 S Wisconsin St, Elkhorn, WI 53121
FAQs
What type of property is this?
Storefront property - Commercial space includes two bathrooms and a flexible second level for retail or office use.
Where is this storefront property located?
The property is located at 9 S Wisconsin St Elkhorn, WI.
What is the asking price?
The asking price for this property is $249,700.
What are key features of this property?
This property features: Versatile 2,000 SF commercial space in downtown Elkhorn; Includes two bathrooms; Flexible second level for additional retail or office use
