Mixed-Use Property with
26001 75th St Salem, WI 53168
26001 75th St, Salem, WI, 53168
$749,900
For Sale
$749,900
COMMERCIAL - Salem Lakes, WI
Property Size2,388 SF
Lot Size1.21 Acres
Price / SF$314.03
Days on Market100
Property Features for 26001 75th St
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- B-2
- Standard status
- Active
- APN
- 4041201020401
- Size
- 2,388 SF
- Lot size
- 1.21 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4666
Building Details
- Year built
- 1960
- Architectural style
- Other
Listing Agency
Spotlight Real Estate, LLC
(262) 441-0170
W2403 St. Peters Rd, East Troy, WI
Listed by
Dorene Salvati · License #83674-94
(305) 525-7711
Added: Apr 10 Checked: Jul 18 at 12:06 am
MLS# 1957385
Listing URL
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.
Investment Insights
Based on property information with market context.
This mixed-use property totals 2,388 square feet on 1.21 acres and is organized to support both commercial and residential use. A 1,620-square-foot commercial building is paired with a mixed-use duplex layout featuring retail on the main level and an upper-level apartment, with each level measuring 768 square feet. A 576-square-foot garage built in 2019 adds dedicated storage or workspace.
The property is located in Salem Lakes, Wisconsin in Kenosha County, with convenient access due to its proximity to the Illinois border. The site offers over 20 parking spaces and two access points on Hwy 50, supporting straightforward arrival and circulation for customers and residents.
With B-2 zoning, the configuration can fit owner-occupants or operators looking to manage retail and a separate living unit under one ownership. The combination of storefront space, an upstairs apartment, and on-site garage space may also appeal to investors seeking a property that includes both commercial and residential components.
The property is located in Salem Lakes, Wisconsin in Kenosha County, with convenient access due to its proximity to the Illinois border. The site offers over 20 parking spaces and two access points on Hwy 50, supporting straightforward arrival and circulation for customers and residents.
With B-2 zoning, the configuration can fit owner-occupants or operators looking to manage retail and a separate living unit under one ownership. The combination of storefront space, an upstairs apartment, and on-site garage space may also appeal to investors seeking a property that includes both commercial and residential components.
Key Highlights
- 1.21‑acre mixed‑use property with 2,388 sq ft total commercial/duplex space
- Duplex layout: 768 sq ft retail on the main level and 768 sq ft apartment on the upper level
- 1620 sq ft building with mixed‑use configuration and visibility for customer access
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.6k | $21.60 |
| − Vacancy | −$4.1k | −$1.73 |
| EGI | $47.5k | $19.87 |
| − OpEx | −$17.8k | −$7.45 |
| NOI | $29.7k | $12.42 |
2,388 SF · lease $21.60/SF/yr · vacancy 8.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$423.7K
$370.7K – $494.3K
NOI $29,659 @ 7.0% cap · market cap 3.96%
Second Best
Retail
$404.9K
$354.3K – $472.4K
NOI $28,344 @ 7.0% cap · market cap 3.78%
Theoretical Best
Warehouse
$2.78M
$2.43M – $3.24M
NOI $194,612 @ 7.0% cap · market cap 25.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hasting’s Carpet Showroom
Carpet & Flooring Store
Diane Hastings
Carpet & Flooring Store
FAQs
What type of property is this?
Mixed-use property - Duplex-style layout pairs ground-floor retail with an upstairs apartment, complemented by a 2019 garage and extensive parking.
Where is this mixed-use property located?
The property is located at 26001 75th St Salem, WI.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: 1.21‑acre mixed‑use property with 2,388 sq ft total commercial/duplex space; Duplex layout: 768 sq ft retail on the main level and 768 sq ft apartment on the upper level; 1620 sq ft building with mixed‑use configuration and visibility for customer access
