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    1600 Main St Waukesha, WI 53186

    For Sale
    Contact for pricing

    Prime Waukesha location, fully improved lots.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional commercial land opportunity presents 7.75 acres of fully improved outparcels available for sale or ground lease in Waukesha, Wisconsin. Located at the highly trafficked intersection of Highway 164, Main Street, and Manhattan Boulevard, this property boasts daily traffic counts exceeding 30,000 vehicles. The site is strategically positioned alongside a thriving Woodman's Food Market (239,702 square feet), complemented by established businesses such as Culver's, Starbucks, Planet Fitness, and Waukesha State Bank. Woodman's Market alone averages over 30,000 transactions weekly, ensuring a robust customer base for potential tenants. Individual outlots range in size from 0.64 acres to 1.30 acres, offering flexibility for various development plans. The lots are fully improved, with stormwater detention systems already in place, simplifying the development process. Potential uses include medical facilities, quick-service restaurants (QSR), casual dining establishments, and hotels. This prime location in Waukesha County, Wisconsin, at 1600 E. Main Street, zip code 53186, offers unparalleled visibility and accessibility. Detailed survey and plat maps are available upon request. Don't miss this chance to secure a prominent position in one of Waukesha's busiest commercial areas.

    Property Features for 1600 Main St

    General Information

    Property type
    Land
    Lot Size
    337,590 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Redbox Movie Rental Kiosk Woodman's Liquor Store Liquor Store Minute Key Key Duplication Service Woodman's Food Market Grocery Store Gabriel's Taqueria-Truck #3 Restaurant

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waukesha
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.2044193
    Latitude
    43.0221504

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    FAQs

    What type of property is this?
    Land - Prime Waukesha location, fully improved lots.
    Where is this land located?
    The property is located at 1600 Main St Waukesha, WI.
    (414) 273-4600
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    Waukesha, WI 53186
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1600 Main St Waukesha, WI 53186
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