Downtown Multi-Tenant Retail
319 S Main St West Bend, WI 53095
New
319 S Main St, West Bend, WI, 53095
$1,250,000
For Sale
$1,250,000
Retail building offers four separate commercial spaces with on-site parking plus an additional lot across the street.
Property Size5,800 SF
Price / SF$215.52
Days on Market6
Property Features for 319 S Main St
General Information
- Standard status
- Active
- Size
- 5,800 SF
Listing agency
Boss Realty, LLC
(262) 689-0022
Listed by
Thomas Zernia · License #5745190
(262) 689-0022
Source
Exprealty
Added: Jul 17 Updated: Jul 22 at 1:02AM Checked: Jul 22 at 7:29AM
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 Boss Realty, LLC
Investment Insights
Based on property information with market context.
This commercial building in Downtown West Bend provides four separate commercial spaces, offering a flexible layout for an owner-occupant or an investor. The property is offered as real estate only, with the business operating separately.
An on-site parking lot supports convenient customer and tenant access, and there is an additional lot directly across the street. The property also includes approximately 200 feet of river frontage, along with additional lots.
For buyers seeking a multi-tenant retail configuration, this offering combines multiple street-facing spaces with parking resources and river frontage.
An on-site parking lot supports convenient customer and tenant access, and there is an additional lot directly across the street. The property also includes approximately 200 feet of river frontage, along with additional lots.
For buyers seeking a multi-tenant retail configuration, this offering combines multiple street-facing spaces with parking resources and river frontage.
Key Highlights
- Downtown West Bend commercial property with four separate commercial spaces
- Flexible setup for owner‑occupants with rental income from additional units
- Ample parking includes an on‑site parking lot plus an additional lot directly across the street
Local Financial Insights For Retail
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 | $104.4k | $18.00 |
| − Vacancy | −$3.8k | −$0.65 |
| EGI | $100.6k | $17.35 |
| − OpEx | −$30.2k | −$5.21 |
| NOI | $70.4k | $12.15 |
5,800 SF · lease $18.00/SF/yr · vacancy 3.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.01M
$880.6K – $1.17M
NOI $70,449 @ 7.0% cap · market cap 5.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.59M
$1.40M – $1.86M
NOI $111,615 @ 7.0% cap · market cap 8.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Bits 'n' Pieces ...
(Bike/Boat/Book/etc) Store
Bits N Pieces ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Retail building offers four separate commercial spaces with on-site parking plus an additional lot across the street.
Where is this storefront property located?
The property is located at 319 S Main St West Bend, WI.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Downtown West Bend commercial property with four separate commercial spaces; Flexible setup for owner‑occupants with rental income from additional units; Ample parking includes an on‑site parking lot plus an additional lot directly across the street
