Metal Quonset Hut
For Sale
$99,900
218 N Maple St, Port Washington, WI 53074
Industrial zoned Quonset hut with electricity on-site; no heat or plumbing, on a 100 x 87 parcel.
Property Size875 SF
Lot Size0.20 Acres
Price / SF$114.17
Days on Market720
Property Features for 218 N Maple St
General Information
Standard status
Active
Size
875 SF
Lot size
0.20 Acres
Property subtype
Commercial
Zoning
I-1
Building Details
Building Size
875 SF
Year Built
1960
Buildings
1
Construction
metal Quonset hut
Listing Agency:
RE/MAX United - Port Washington
(262) 375-0400
Listed By:
Tom Didier Team* · License #4802690
(262) 375-0400
Source:
Therealtycompanyllc
Added: Aug 16, 2024
Changed: Jul 31
Last Checked: Aug 4 at 12:39PM
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 RE/MAX United - Port Washington
Investment Insights
Based on property information with market context.
Metal Quonset hut warehouse on a 100 x 87 parcel of land, zoned I-1 Industrial per the city zoning map. The building measures 25 ft x 35 ft and has electricity in the building. There is no heat and no plumbing, and no property condition report is available. The property was built in 1960.
The seller’s attorney requests 48 hours notice to respond to offers.
This configuration can be suited for users comfortable operating without on-site heat and plumbing, leveraging electricity within an industrial zoning context.
The seller’s attorney requests 48 hours notice to respond to offers.
This configuration can be suited for users comfortable operating without on-site heat and plumbing, leveraging electricity within an industrial zoning context.
Key Highlights
- Metal Quonset hut warehouse measuring 25 ft x 35 ft
- Zoned I‑1 Industrial per the city zoning map
- Parcel measures 100 x 87
Financial Insights For Warehouse
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 | $4.8k | $5.47 |
| − Vacancy | −$239 | −$0.27 |
| EGI | $4.5k | $5.20 |
| − OpEx | −$682 | −$0.78 |
| NOI | $3.9k | $4.42 |
875 SF · lease $5.47/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$55.2K
$48.3K – $64.4K
NOI $3,865 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$206.2K
$180.4K – $240.5K
NOI $14,431 @ 7.0% cap · market cap 14.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
226
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53074, WI
13,379
Population
5,859
Households
2.3
Avg Household Size
42
Median Age
36%
College-Educated
96%
High-School Grad
30.3 sq mi
ZIP Area
442
Density / Sq Mi
$78,944
Median Household Income
$48,089
Median Earnings
$1,024
Median Rent
$276,200
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial zoned Quonset hut with electricity on-site; no heat or plumbing, on a 100 x 87 parcel.
Where is this warehouse located?
The property is located at 218 N Maple St Port Washington, WI.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: Metal Quonset hut warehouse measuring 25 ft x 35 ft; Zoned I‑1 Industrial per the city zoning map; Parcel measures 100 x 87
