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    1231 George Towne Dr Pewaukee, WI 53072

    Sponsored
    For Sale
    Contact for pricing

    11,000 SF Retail Space - Vacant

    Property size:
    17,241 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 17,241-square-foot storefront property, located at 1231 George Towne Drive in Pewaukee, Wisconsin, presents a remarkable opportunity for retail businesses. Built in 2006, this single-story building sits on a 2.52-acre lot and boasts 93 parking spaces, ensuring ample convenience for customers. The property is zoned B-3 Office & Service Business, offering flexibility for a variety of uses. The interior comprises 11,000 square feet of net rentable space, featuring 8,000 square feet on the main floor and an additional 3,000 square feet of mezzanine space. Previously occupied by a high-end salon and spa, the space is currently vacant and ready for immediate occupancy. Its strategic location just off Capitol Drive and a mere two minutes from Highway 16 provides excellent visibility and accessibility. The property's APN is PWV-0902-237-001. A tenant improvement allowance is available, making this an attractive proposition for businesses seeking a move-in ready space with potential for customization. This is a Triple Net (NNN) lease opportunity. Don't miss this chance to establish your business in a thriving location.

    Property Features for 1231 George Towne Dr

    General Information

    Property type
    Individual retail properties
    Square Feet
    17,241 SF
    Lot Size
    109,771 SF

    Building Details

    Year Built
    2006
    Stories
    1

    HighLights

    • High‑end salon and spa space available.
    • 11,000 square foot building with 8,000 square feet on the ground floor and a 3,000 square foot mezzanine.
    • Excellent Capitol Drive location, two minutes from Highway 16.
    • Tenant improvement allowance offered.
    Property Profile Location Intelligence

    Current Use by Public Records

    Pewaukee Dental Dentist Transformed Therapeutics, S.C. Orthopedic Surgeon TransforM Diet & Wellness ... Nutritionist AgeDefy, LLC Health Consultant Dr. Deborah Manjoney Vascular Surgeon

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pewaukee
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.237842
    Latitude
    43.0849333

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    FAQs

    What type of property is this?
    Individual retail property - 11,000 SF Retail Space - Vacant
    Where is this individual retail property located?
    The property is located at 1231 George Towne Dr Pewaukee, WI.
    What are key features of this property?
    This property features: High-end salon and spa space available.; 11,000 square foot building with 8,000 square feet on the ground floor and a 3,000 square foot mezzanine.; Excellent Capitol Drive location, two minutes from Highway 16.
    Request Owner's contact information
    1231 George Towne Dr Pewaukee, WI 53072
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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
    1231 George Towne Dr Pewaukee, WI 53072
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