Live-Work Commercial
149 Wisconsin Ave Waukesha, WI 53186
149 Wisconsin Ave, Waukesha, WI, 53186
Contact for pricing
For Sale
Contact for pricing
ADA-accessible, one-story spancrete building with a fully operational commercial elevator.
Property Size7,800 SF
Price / SF$44.23
Days on Market54
Property Features for 149 Wisconsin Ave
General Information
- Standard status
- Active
- Size
- 7,800 SF
- Property subtype
- Retail, Industrial
Building Details
- Year Built
- 1970
Listing agency
V-Group, LLC
(262) 650-8544
Listed by
Victoria Hekkers · License #WI 90-58121
Source
Crexi
Added: May 30 Updated: Jul 22 at 5:13AM Checked: Jul 22 at 5:13AM
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 V-Group, LLC
Investment Insights
Based on property information with market context.
This modern, all-brick commercial building offers a one-story spancrete layout and ADA accessibility. It is sized at 7,800 square feet and is designed to support an owner-occupant who needs space to spread out. A key feature is the fully operational commercial elevator, intended to move products without relying on stairs.
The property is centrally located on Wisconsin Avenue in downtown Waukesha. The local zoning code allows a live/work scenario in the B3 district, and it provides additional flexibility for interested buyers. Buyers should perform their own due diligence.
The property is centrally located on Wisconsin Avenue in downtown Waukesha. The local zoning code allows a live/work scenario in the B3 district, and it provides additional flexibility for interested buyers. Buyers should perform their own due diligence.
Key Highlights
- 7,800 SF, all‑brick, one‑story spancrete building built in 1970
- ADA‑accessible layout for accessible entry and use
- Fully operational commercial elevator for moving products without stairs
Local Financial Insights For Industrial
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 | $42.7k | $5.47 |
| − Vacancy | −$2.1k | −$0.27 |
| EGI | $40.6k | $5.20 |
| − OpEx | −$12.2k | −$1.56 |
| NOI | $28.4k | $3.64 |
7,800 SF · lease $5.47/SF/yr · vacancy 4.90% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$3.98M
$3.48M – $4.64M
NOI $278,662 @ 7.0% cap · market cap 80.77%
Second Best
Retail
$1.58M
$1.38M – $1.84M
NOI $110,532 @ 7.0% cap · market cap 32.04%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
Similar For Sale Nearby
FAQs
What type of property is this?
Live-work space - ADA-accessible, one-story spancrete building with a fully operational commercial elevator.
Where is this live-work space located?
The property is located at 149 Wisconsin Ave Waukesha, WI.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: 7,800 SF, all‑brick, one‑story spancrete building built in 1970; ADA‑accessible layout for accessible entry and use; Fully operational commercial elevator for moving products without stairs
