Lakefront Retail
For Sale
Contact for pricing
2-305 E Washington Street, Port Washington, WI 53074
Second-floor commercial space with elevator access, marina views, and a finish-to-suit delivery.
Property Size8,500 SF
Price / SF$0.00
Days on Market53
Property Features for 2-305 E Washington Street
General Information
Standard status
Active
Size
8,500 SF
Elevators
Yes
Additional Details
Floor
2
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$8,600
Amenities
private entrance
elevator access
unobstructed Lake Michigan and marina views
abundant natural light
9'+ ceilings
Listing Agency:
Berkshire Hathaway HomeServices Sophia Barry Realty Group
Listed By:
Sophia Barry · License #5960890
(262) 354-4006
Source:
Exprealty
Added: Sep 7
Changed: Oct 25
Last Checked: Oct 28 at 2:03PM
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 Berkshire Hathaway HomeServices Sophia Barry Realty Group
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Investment Insights
Based on property information with market context.
This newly constructed second-floor retail space encompasses approximately 8,500 SF with open lake and marina views, abundant natural light, and ceilings exceeding 9 feet. A private entrance and elevator provide dedicated access, while the sprinklered building supports a range of commercial configurations. The space will be delivered finish-to-suit, with build-out flexibility for professional offices, retail, wellness, showroom, and other destination-oriented concepts.
The property is at 2-305 E Washington Street in downtown Port Washington, alongside Inventors Brewpub and Edison Hall, a 350-person event venue. Approximately 7 acres of nearby public parking are identified by the City. The location combines waterfront exposure with an established downtown setting and adjacent activity generators. NNN lease terms are available.
The property is at 2-305 E Washington Street in downtown Port Washington, alongside Inventors Brewpub and Edison Hall, a 350-person event venue. Approximately 7 acres of nearby public parking are identified by the City. The location combines waterfront exposure with an established downtown setting and adjacent activity generators. NNN lease terms are available.
Key Highlights
- Approximately +/-8, 500 SF of second‑floor commercial space
- Unobstructed Lake Michigan and marina views
- Private entrance plus elevator access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,953
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,159,060
$2.2M
Cap Rate 7%
$1,542,186
$1.5M
Cap Rate 9%
$1,199,478
$1.2M
Market Conditions
NOI Build-Up for 8,500 SF
Gross rent
$170.3K $20.04/SF
− Vacancy
−$26.4K −$3.11/SF
EGI
$143.9K $16.93/SF
− OpEx
−$36.0K −$4.23/SF
NOI
$108.0K $12.70/SF
Area
Ozaukee County, WI
Vacancy
15.50%
Lease Rate
$20.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,159,060
Cap Rate 7%
$1,542,186
Cap Rate 9%
$1,199,478
Alternative Uses
Best Use
Retail
$1.57M
$1.37M – $1.83M
NOI $109,879 @ 7.0% cap · market cap 549,395.00%
Second Best
Office B
$1.54M
$1.35M – $1.80M
NOI $107,953 @ 7.0% cap · market cap 539,765.00%
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M
NOI $140,189 @ 7.0% cap · market cap 700,945.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
629
Businesses Nearby
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 Office in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Second-floor commercial space with elevator access, marina views, and a finish-to-suit delivery.
Where is this retail space located?
The property is located at 2-305 E Washington Street Port Washington, WI.
What are key features of this property?
This property features: Approximately +/-8, 500 SF of second‑floor commercial space; Unobstructed Lake Michigan and marina views; Private entrance plus elevator access
