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Flex Space with Heated Shop

425 MCCOLM Street, Plymouth, WI 53073

For Sale
New
$799,900

Commercial Sale, PLYMOUTH, WI

Property Size3,120 SF
Lot Size0.41 Acres
Price / SF$256.38
Days on Market6

Property Features for 425 MCCOLM Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Elementary school district Plymouth
Middle school district Plymouth
High school district Plymouth
Directions I-41/US-151 N, Take the WI-23/Johnson St exit to Cty Rd C, Continue onto S Milwaukee St, L on Reed, R on Egan, Destination on Left
Standard status Active
APN 59271808510
Lot size 0.41 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1996

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1987
Building materials Aluminum Siding
Listing Agency: Keller Williams Fox Cities · Keller Williams Realty
Listed By: Christopher J. Mokler
Added: Nov 2 Changed: Nov 7 Last Checked: Nov 7 at 6:06PM
MLS# 50335271

Copyright © 2026 Realtor Association of Northeast Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 3,120-square-foot flex property occupies a 0.41-acre corner lot and was built in 1987. Its improvements include heated indoor shop space and separate cold storage. Forced-air heat and central air serve the building, with public water and sewer connections.

The sale includes the real estate, tools, equipment, inventory, and a customer list of more than 3,000 clients. The current owner, a technician, and an accountant are available to assist with the ownership transition.

Key Highlights

  • 3,120‑square‑foot building constructed in 1987
  • 0.41‑acre corner lot
  • Heated indoor shop space plus cold storage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$27,539
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,780 $550.8K
Cap Rate 7%
$393,414 $393.4K
Cap Rate 9%
$305,989 $306.0K
Market Conditions
NOI Build-Up for 3,120 SF
Gross rent
$44.9K $14.40/SF
− Vacancy
−$2.6K −$0.82/SF
EGI
$42.4K $13.58/SF
− OpEx
−$14.8K −$4.75/SF
NOI
$27.5K $8.83/SF
Area
Sheboygan County, WI
Vacancy
5.70%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,780
Cap Rate 7%
$393,414
Cap Rate 9%
$305,989

Alternative Uses

Best Use
Flex RnD
$393.4K
$344.2K – $459.0K (±1% cap)
NOI $27,539 @ 7.0% cap · market cap 3.44%
Second Best
Industrial
$279.4K
$244.5K – $326.0K (±1% cap)
NOI $19,558 @ 7.0% cap · market cap 2.45%
Theoretical Best
Office A
$680.0K
$595.0K – $793.3K (±1% cap)
NOI $47,598 @ 7.0% cap · market cap 5.95%
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

Steiner's Heating & Cooling HVAC Service

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Building Supply Auto Repair Shop Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

449
Businesses Nearby
Under-served
Demand for This Use

Demographics for 53073, WI

16,286
Population
6,591
Households
2.5
Avg Household Size
43
Median Age
25%
College-Educated
94%
High-School Grad
84.6 sq mi
ZIP Area
193
Density / Sq Mi
$76,100
Median Household Income
$43,023
Median Earnings
$867
Median Rent
$237,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Similar Off Market Nearby

  • Pic-A-Deli — 1500 Douglas Dr suite d, Plymouth, WI 53073

Frequently Asked Questions

What type of property is this?
Flex space - The property includes cold storage and a package of HVAC business assets, including equipment, inventory, and a customer list.
Where is this flex space located?
The property is located at 425 MCCOLM Street Plymouth, WI.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: 3,120‑square‑foot building constructed in 1987; 0.41‑acre corner lot; Heated indoor shop space plus cold storage
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Includes: Price & PSF · Cap rate · Location · Zoning

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