Retail Suite with Display
For Sale
Contact for pricing
647 W Main STREET Unit 300, Lake Geneva, WI 53147
A private restroom and updated building finishes support a client-facing commercial setting.
Property Size565 SF
Price / SF$1.23
Days on Market11
Property Features for 647 W Main STREET Unit 300
General Information
Standard status
Active
Size
565 SF
Property subtype
Commercial
Amenities
private bathroom
large display window
Building Details
Year Built
1973
Listing Agency:
Compass Wisconsin-Lake Geneva
(262) 248-4492
Listed By:
Keefe & Associates Group* · License #58156-90
(262) 649-8675
Source:
Lakecountryflatfee
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 12:42PM
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 Compass Wisconsin-Lake Geneva
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 565-square-foot retail space is located in a remodeled building with a new facade. A large display window brings natural light into the unit, and a private bathroom serves staff and visitors. The space is in downtown Lake Geneva on W Main Street.
Key Highlights
- 565 sq. ft. retail space in downtown Lake Geneva
- Large display window provides natural light
- Private bathroom within the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,716
Suggested Prices Based on Cap Rates
Cap Rate 5%
$94,320
$94.3K
Cap Rate 7%
$67,371
$67.4K
Cap Rate 9%
$52,400
$52.4K
Market Conditions
NOI Build-Up for 565 SF
Gross rent
$7.3K $12.96/SF
− Vacancy
−$586 −$1.04/SF
EGI
$6.7K $11.92/SF
− OpEx
−$2.0K −$3.58/SF
NOI
$4.7K $8.35/SF
Area
Walworth County, WI
Vacancy
8.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$94,320
Cap Rate 7%
$67,371
Cap Rate 9%
$52,400
Alternative Uses
Best Use
Retail
$67.4K
$59.0K – $78.6K
NOI $4,716 @ 7.0% cap · market cap 678.56%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$109.0K
$95.4K – $127.2K
NOI $7,633 @ 7.0% cap · market cap 1,098.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,001
Businesses Nearby
138k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 36%
Kwik Trip
Shops & Services
27,270 visits/mo
0.5 miles
McDonald's
Dining
23,884 visits/mo
0.2 miles
Culver's
Dining
23,332 visits/mo
0.2 miles
Egg Harbor Cafe
Dining
9,379 visits/mo
0.2 miles
Starbucks
Dining
7,757 visits/mo
0.0 miles
Demographics for 53147, WI
17,859
Population
11,455
Households
1.6
Avg Household Size
47
Median Age
40%
College-Educated
93%
High-School Grad
69.8 sq mi
ZIP Area
256
Density / Sq Mi
$83,018
Median Household Income
$45,399
Median Earnings
$1,277
Median Rent
$337,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - A private restroom and updated building finishes support a client-facing commercial setting.
Where is this retail space located?
The property is located at 647 W Main STREET Unit 300 Lake Geneva, WI.
What are key features of this property?
This property features: 565 sq. ft. retail space in downtown Lake Geneva; Large display window provides natural light; Private bathroom within the unit
