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    Former Bank Branch with Drive-Thru Title is generated by Realmo AI

    730 Fox St, Mukwonago, WI 53149

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    Well-maintained building with drive-thru, suitable for retail or bank.

    Type:Retail, Office
    Property size:
    2,790 SF
    Price / SF:
    $403/SF
    Added:
    Nov 8, 2024
    Days on Market:
    606
    Last Refresh:
    Jul 4 at 9:07 am

    Property Features for 730 Fox St

    General Information

    Standard status
    Active
    Size
    2,790 SF
    Property subtype
    Retail, Office

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    Mike Fitzgerald
    Mike Fitzgerald

    Listing office Mid America Real Estate Milwaukee

    Listing date Nov 8, 2024

    Source Crexi

    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 Mid America Real Estate Milwaukee

    HighLights

    • Existing drive‑thru
    • 200’ of frontage along Fox Street with two access points
    • High‑traffic location: 0.5 miles to Highway 83 (nearly 19,000 vehicles per day)
    • Well maintained masonry building
    • Former BMO Bank Branch
    • Dry, well kept basement

    Overview

    This property, formerly a BMO Bank branch, features an existing drive-thru. Constructed in 1979, the well-maintained masonry building includes a dry basement. The property has 200 feet of frontage along Fox Street, with two access points. It is located approximately 0.5 miles from Highway 83, which has a traffic volume of nearly 19,000 vehicles per day. The building has a size of 2790 square feet and could be suitable for retail or banking purposes.

    Local Financial Insights For Specialty 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 $83.7k $30.00
    − Vacancy −$3.0k −$1.08
    EGI $80.7k $28.92
    − OpEx −$20.2k −$7.23
    NOI $60.5k $21.69
    2,790 SF · lease $30.00/SF/yr · vacancy 3.60% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $864.5K
    $756.4K – $1.01M (±1% cap)
    NOI $60,515 @ 7.0% cap · market cap 5.38%
    Second Best
    Retail
    $564.8K
    $494.2K – $659.0K (±1% cap)
    NOI $39,537 @ 7.0% cap · market cap 3.51%
    Theoretical Best
    Flex RnD
    $1.42M
    $1.25M – $1.66M (±1% cap)
    NOI $99,675 @ 7.0% cap · market cap 8.86%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    ATM (BMO Harris ... Atm BMO Harris Bank ... Loan Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Building Supply Auto Repair Shop Auto Parts Store Hotel & Motel Gym & Fitness Center Department Store Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Mukwonago
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.3205255
    Latitude
    42.8703152

    FAQs

    What type of property is this?
    Bank - Well-maintained building with drive-thru, suitable for retail or bank.
    Where is this bank located?
    The property is located at 730 Fox St Mukwonago, WI.
    What is the asking price?
    The asking price for this property is $1,125,000.
    What are key features of this property?
    This property features: Existing drive‑thru; 200’ of frontage along Fox Street with two access points; High‑traffic location: 0.5 miles to Highway 83 (nearly 19,000 vehicles per day)
    (262) 613-3888 Call to check price and availability
    More about this property
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