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    237 Harrison Ave Waukesha, WI 53186

    For Sale
    $1,075,000

    Prime Waukesha storefront, strong cash flow.

    Property size:
    11,989 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 11,989 square foot retail storefront, located at 237 Harrison Ave in Waukesha, WI 53186, presents a lucrative investment opportunity. Situated on a 0.545-acre lot (APN: WAKC1333383) and zoned B-1, this single-story building boasts 100% occupancy, generating a strong cash flow. The property is ideally positioned approximately half a mile from downtown Waukesha, conveniently located on a bus route, and at the intersection of S Grand Ave and Harrison Ave, an area with a daily traffic count of 6,600 vehicles. Priced at $1,075,000 ($89.67 per square foot), this multi-tenant property offers a compelling return on investment. The Net Lease (NNN) structure further enhances its appeal to discerning investors. This is a rare opportunity to acquire a high-performing retail asset in a thriving Wisconsin market. Don't miss out on this chance to own a piece of Waukesha's vibrant commercial landscape.

    Property Features for 237 Harrison Ave

    General Information

    Property type
    Individual retail properties
    Square Feet
    11,989 SF
    Lot Size
    23,740 SF

    Building Details

    Buildings
    1
    Stories
    1
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Total Team Construction ... General Contractor Logical Green Solutions Lighting Store Ethereal Gold Dispensary Cannabis Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Waukesha
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.231434083963
    Latitude
    42.997907378824

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    FAQs

    What type of property is this?
    Individual retail property - Prime Waukesha storefront, strong cash flow.
    Where is this individual retail property located?
    The property is located at 237 Harrison Ave Waukesha, WI.
    What is the asking price?
    The asking price for this property is $1,075,000.
    Request Owner's contact information
    237 Harrison Ave Waukesha, WI 53186
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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
    237 Harrison Ave Waukesha, WI 53186
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