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    248 Washington Ave Cedarburg, WI 53012

    For Lease
    $9 SF/Yr ($9,555 /Mo)

    Prime Cedarburg location, flexible office space.

    Lot size:
    12,740 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional Cedarburg office complex, situated near the charming downtown area, presents a unique investment opportunity. The property, known as the Cedarburg Square Office Complex, comprises two buildings offering a diverse range of office suites to accommodate various business needs. Building B, specifically, features a convenient passenger elevator for easy access to all floors and a shared conference room, perfect for collaborative meetings or presentations. The total building size encompasses 12,740 square feet, with a minimum divisible space of 442 square feet and a maximum contiguous space of 3,346 square feet. Currently, there are 9,197 square feet of vacant space available, providing ample opportunity for immediate occupancy. The property is classified as Class B and was constructed in 1976. The complex sits on a generous 1.81-acre lot, offering ample parking and potential for future expansion. The available spaces cater to a variety of business sizes, from small executive offices to larger traditional office setups, making it an ideal location for businesses seeking flexible and adaptable workspaces in a desirable, established community. The mixed-use nature of the building allows for a variety of tenants and business types. This property offers a blend of convenience, functionality, and location, making it an attractive option for businesses looking to establish or expand their presence in Cedarburg.

    Property Features for 248 Washington Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    12,740 SF
    Class
    B
    Total Rate
    9555

    Building Details

    Year Built
    1976

    Unit(s) available at that property

    Space
    Suite Floor 2 B201-B202
    Size
    1,068 SF
    Rate per SF
    $14
    Space
    Suite LL B9
    Size
    442 SF
    Rate per SF
    $9
    Space
    Suite Floor 1 B103
    Size
    2,220 SF
    Rate per SF
    $17
    Space
    Suite Floor 1 B105
    Size
    1,318 SF
    Rate per SF
    $17
    Space
    Suite Floor 1 B101, 102 & 104
    Size
    3,346 SF
    Rate per SF
    $17
    Space
    Suite Floor 2 B206
    Size
    803 SF
    Rate per SF
    $14

    HighLights

    • 12,740 SF Office Building with 9,197 SF of Vacant Space available for lease.
    • Multiple tenancy options available, ranging from 442 SF to 3,346 SF contiguous spaces.
    • Located in Cedarburg, WI, near the charming downtown area.
    • Building features include one passenger elevator and a shared conference room.
    • Property consists of two office buildings on a 1.81‑acre lot.
    • Class B building constructed in 1976.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Clothing Store Food Market Grocery Store Skin Care Clinic Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedarburg
    County
    Ozaukee
    State
    Wisconsin
    Longitude
    -87.9865837
    Latitude
    43.2842728

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      Prime Cedarburg Office Space

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Cedarburg location, flexible office space.
    Where is this office property / space located?
    The property is located at 248 Washington Ave Cedarburg, WI.
    What is the lease rate?
    The lease rate is $9-$17 SF/Yr.
    What are key features of this property?
    This property features: 12,740 SF Office Building with 9,197 SF of Vacant Space available for lease.; Multiple tenancy options available, ranging from 442 SF to 3,346 SF contiguous spaces.; Located in Cedarburg, WI, near the charming downtown area.
    Request Owner's contact information
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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
    248 Washington Ave Cedarburg, WI 53012
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