Dry Cleaner
For Sale
$250,000
2177 Silvernail Rd, Pewaukee, WI 53072
An operating dry-cleaning business includes equipment, experienced staff, and seller training for a buyer transition.
Property Size1,200 SF
Price / SF$208.33
Days on Market126
Property Features for 2177 Silvernail Rd
General Information
Standard status
Active
Size
1,200 SF
Total Parking Spaces
10
Property subtype
Commercial
Zoning
Business
Additional Details
Business Included
Yes
Building Details
Building Size
1,200 SF
Listing Agency:
Lannon Stone Realty LLC
(262) 333-4440
Listed By:
Marisa Baeurle · License #8048794
(262) 470-7107
Source:
Defererealestate
Added: Jun 26
Changed: Oct 25
Last Checked: Oct 26 at 3:49AM
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 Lannon Stone Realty LLC
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Investment Insights
Based on property information with market context.
A 1,200-square-foot storefront in Pewaukee is occupied by an established dry-cleaning business that has operated since 2012. Equipment includes updated presses, a recently installed boiler, and newer operating software. The business has experienced employees, some with more than 20 years of tenure, and the seller is willing to provide transition training.
The property is at 2177 Silvernail Rd, less than a mile from I-94. The site has parking, and the stated zoning is Business.
The property is at 2177 Silvernail Rd, less than a mile from I-94. The site has parking, and the stated zoning is Business.
Key Highlights
- 1,200‑square‑foot storefront in Pewaukee
- Dry‑cleaning business operating since 2012
- Updated presses, a new boiler, and newer software
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,005
Cap Rate
6.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,100
$340.1K
Cap Rate 7%
$242,929
$242.9K
Cap Rate 9%
$188,944
$188.9K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$25.2K $21.00/SF
− Vacancy
−$907 −$0.76/SF
EGI
$24.3K $20.24/SF
− OpEx
−$7.3K −$6.07/SF
NOI
$17.0K $14.17/SF
Area
Waukesha County, WI
Vacancy
3.60%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,100
Cap Rate 7%
$242,929
Cap Rate 9%
$188,944
Alternative Uses
Best Use
Retail
$242.9K
$212.6K – $283.4K
NOI $17,005 @ 7.0% cap · market cap 6.80%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$612.4K
$535.9K – $714.5K
NOI $42,871 @ 7.0% cap · market cap 17.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
794
Businesses Nearby
202k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 33%
Groceries 16%
Apparel 5%
Kwik Trip
Shops & Services
43,282 visits/mo
0.5 miles
Metro Market
Groceries
32,738 visits/mo
0.2 miles
McDonald's
Dining
16,292 visits/mo
0.2 miles
Dollar Tree
Shops & Services
15,592 visits/mo
0.2 miles
Denny's
Dining
11,922 visits/mo
0.4 miles
Demographics for 53072, WI
26,687
Population
12,594
Households
2.1
Avg Household Size
45
Median Age
53%
College-Educated
98%
High-School Grad
29.8 sq mi
ZIP Area
896
Density / Sq Mi
$97,434
Median Household Income
$61,762
Median Earnings
$1,352
Median Rent
$424,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - An operating dry-cleaning business includes equipment, experienced staff, and seller training for a buyer transition.
Where is this storefront property located?
The property is located at 2177 Silvernail Rd Pewaukee, WI.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,200‑square‑foot storefront in Pewaukee; Dry‑cleaning business operating since 2012; Updated presses, a new boiler, and newer software
