Building Details

Year built 1950

Architectural style Other

Listing Agency: Boss Realty, LLC T***@BOSSREALTYLLC.COM Show Phone

Listed By: Brian Feucht Show Phone

Added: Jul 21 Changed: Oct 12 Last Checked: Oct 22 at 1:06AM

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MLS# 1972640

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Investment Insights

Based on property information with market context.

This office building offers 1,882 square feet on a 0.65-acre parcel, with an open-concept interior suited to flexible office configuration. The property was built in 1950 and has received several recent improvements, including new flooring, doors, siding, and electrical work completed in 2024. A handicap-accessible ramp was also added in 2024.

The property is located at 1726 E Washington St in West Bend, Wisconsin, along a highly visible, high-traffic road. Commercial zoning is in place, and the offering consists of the real estate only. The updated building provides a practical office property with refreshed exterior and interior components.

Key Highlights

• 1,882‑square‑foot office building on 0.65 acres
• Open‑concept office layout
• Updated electrical system completed in 2024

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$26,759

Cap Rate

7.14%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$535,180 $535.2K

Cap Rate 7%

$382,271 $382.3K

Cap Rate 9%

$297,322 $297.3K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,882 SF

Gross rent

$46.7K $24.84/SF

− Vacancy

−$11.1K −$5.88/SF

EGI

$35.7K $18.96/SF

− OpEx

−$8.9K −$4.74/SF

NOI

$26.8K $14.22/SF

Area

Washington County, WI

Vacancy

23.68%

Lease Rate

$24.84 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$535,180

Cap Rate 7%

$382,271

Cap Rate 9%

$297,322

Alternative Uses

Best Use

Office B

$382.3K

$334.5K – $446.0K (±1% cap)

NOI $26,759 @ 7.0% cap · market cap 7.14%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$517.4K

$452.7K – $603.6K (±1% cap)

NOI $36,217 @ 7.0% cap · market cap 9.66%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email

Open Analytics

Current Use

Wisconsin Classis RCA Association Or Organization

Suggested Use

Top Pick Real Estate Agency Restaurant Hair Salon Spa & Massage Center Dental Office Law Firm

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

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

217

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

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Office building - Open-concept interior with refreshed flooring, doors, and electrical systems.

Where is this office building located?

The property is located at 1726 E Washington St West Bend, WI.

What is the asking price?

The asking price for this property is $375,000.

What are key features of this property?

This property features: 1,882‑square‑foot office building on 0.65 acres; Open‑concept office layout; Updated electrical system completed in 2024