Mixed-Use Property with Living
For Sale
$449,900
1618 W Washington St, West Bend, WI 53095
Commercially zoned building combines business space with attached livable quarters and convenient freeway access.
Property Size1,844 SF
Days on Market127
Property Features for 1618 W Washington St
General Information
Standard status
Active
Size
1,844 SF
Total Parking Spaces
6
Property subtype
Commercial
Zoning
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$4,549
Building Details
Building Size
1,844 SF
Year Built
1961
Listing Agency:
Boss Realty, LLC
(262) 305-4826
Listed By:
Brian Feucht · License #70940-94
(262) 305-4826
Source:
Therealtycompanyllc
Added: Apr 1
Changed: Aug 3
Last Checked: Aug 5 at 2:25PM
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 Boss Realty, LLC
Investment Insights
Based on property information with market context.
This mixed-use property combines a commercial area with attached living quarters within one building. The configuration supports owner-occupancy or investment use and provides flexibility for a variety of business applications. Constructed in 1961, the property is zoned Commercial.
Positioned along W Washington St in West Bend, the building is surrounded by established businesses and located on a high-visibility road. Convenient access and proximity to the freeway add to its accessibility for business operations and daily occupants.
Positioned along W Washington St in West Bend, the building is surrounded by established businesses and located on a high-visibility road. Convenient access and proximity to the freeway add to its accessibility for business operations and daily occupants.
Key Highlights
- Commercial zoning supports mixed‑use occupancy
- Attached living quarters provide on‑site residential space
- Commercial area and livable space are integrated in one building
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 | $45.8k | $24.84 |
| − Vacancy | −$10.8k | −$5.88 |
| EGI | $35.0k | $18.96 |
| − OpEx | −$8.7k | −$4.74 |
| NOI | $26.2k | $14.22 |
1,844 SF · lease $24.84/SF/yr · vacancy 23.68% · expense 25.00%
Alternative Uses
Best Use
Office B
$374.6K
$327.7K – $437.0K
NOI $26,219 @ 7.0% cap · market cap 5.83%
Second Best
Mixed Use
$293.8K
$257.1K – $342.8K
NOI $20,568 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$506.9K
$443.6K – $591.4K
NOI $35,486 @ 7.0% cap · market cap 7.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
Explore this area
Business Placement
Demographics for 53095, WI
27,269
Population
12,741
Households
2.1
Avg Household Size
45
Median Age
32%
College-Educated
96%
High-School Grad
70.4 sq mi
ZIP Area
387
Density / Sq Mi
$82,219
Median Household Income
$49,779
Median Earnings
$1,015
Median Rent
$286,500
Median Home Value
Market
Vacancy Rate% for Office 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?
Mixed-use property - Commercially zoned building combines business space with attached livable quarters and convenient freeway access.
Where is this mixed-use property located?
The property is located at 1618 W Washington St West Bend, WI.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Commercial zoning supports mixed‑use occupancy; Attached living quarters provide on‑site residential space; Commercial area and livable space are integrated in one building
