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Mixed-Use Property with Duplex

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

AddedApr 10

Days on Market97

Last RefreshJul 15 at 2:06 pm

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 agent Dorene Salvati License #83674-94

Listing office Spotlight Real Estate, LLC W2403 St. Peters Rd, East Troy, WI

Listing date Apr 10, 2026

MLS# 1957385 Listing URL

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.

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

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 (±1% cap)

NOI $29,659 @ 7.0% cap · market cap 3.96%

Second Best

Retail

$404.9K

$354.3K – $472.4K (±1% cap)

NOI $28,344 @ 7.0% cap · market cap 3.78%

Theoretical Best

Warehouse

$2.78M

$2.43M – $3.24M (±1% cap)

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

Suggested Use

For sale
Mixed-use properties
WI
Salem
53168
26001 75th St

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