Dry Cleaner Storefront
2177 Silvernail Rd, Pewaukee, WI 53072
For Sale
$250,000
N, Pewaukee, WI
Property Size1,200 SF
Price / SF$208.33
Days on Market139
Property Features for 2177 Silvernail Rd
General Information
Property type
Property subtype
Zoning
Standard status
APN
Size
Building Details
Architectural style
Listing Agency:
Lannon Stone Realty LLC
(262) 333-4440
Listed By:
Marisa Baeurle · License WI #8048794
(262) 470-7107
Added: Jun 26
Changed: Oct 12
Last Checked: Nov 11 at 7:06AM
MLS# 1969349
Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,200-square-foot storefront property includes an established dry-cleaning business operating since 2012. The sale includes updated presses, a new boiler, and newer software, along with an experienced employee base whose tenure exceeds 20 years. Business zoning supports the current commercial operation.
The property is positioned less than 1 mile from I-94 and includes convenient parking. Strong neighboring businesses contribute to an established commercial setting. The seller is willing to provide training to support the transition to new ownership. Additional services, pickup and delivery, laundry offerings, and expanded hours are identified as possible avenues for extending the operation.
The property is positioned less than 1 mile from I-94 and includes convenient parking. Strong neighboring businesses contribute to an established commercial setting. The seller is willing to provide training to support the transition to new ownership. Additional services, pickup and delivery, laundry offerings, and expanded hours are identified as possible avenues for extending the operation.
Key Highlights
- 1,200‑square‑foot storefront with an operating dry‑cleaning business
- Dry‑cleaning operation established since 2012
- Updated presses, new boiler, and newer software included
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
779
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
0.4 miles
Metro Market
Groceries
32,738 visits/mo
0.1 miles
McDonald's
Dining
16,292 visits/mo
0.0 miles
Dollar Tree
Shops & Services
15,592 visits/mo
0.1 miles
Denny's
Dining
11,922 visits/mo
0.3 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 - Operating dry-cleaning business with updated equipment, on-site parking, and Business zoning.
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 with an operating dry‑cleaning business; Dry‑cleaning operation established since 2012; Updated presses, new boiler, and newer software included
