203 N Wisconsin St, Port Washington, WI 53074

The Historic Poole Property is a mixed-use asset in the civic and commercial core of Port Washington, a North Shore community known for its downtown district and lakefront setting along Lake Michigan. Located at the corner of North Wisconsin Street and West Main Street, the property is adjacent to the Ozaukee County Administration Center. The location benefits from pedestrian and civic activity, with connectivity to restaurants, shops, the marina, and waterfront amenities. The property totals approximately 18,500 square feet across multiple structures and parcels, anchored by a ~16,500-square-foot primary building and an adjacent ~2,000-square-foot residential building. The residential component comprises five multifamily units that provide in-place income with rent growth potential. Three units are currently leased at rents below market levels, creating a mark-to-market opportunity upon renewal. Two additional units within the main building are vacant and lease ready, allowing for immediate stabilization or repositioning. A substantial portion of the building remains available for adaptive reuse. The property’s interior configuration and downtown location support a variety of commercial uses, including retail, office, hospitality, and experiential concepts. With B4 Central Business District zoning, on-site parking, and a downtown setting steps from the harbor and marina, the property offers investors the opportunity to reposition a historic asset in a lakefront market within the Milwaukee Metropolitan Statistical Area. It consists of 3 parcels, one is a parking lot, one is a house, one is a former funeral home with residential on the second floor.