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    N64 Main St Sussex, WI 53089

    For Sale
    $1,995,000

    Prime Sussex Office, High Traffic Area

    Property size:
    29,357 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional investment opportunity presents a 29,357 square foot Class C office building located at N64 W24801 Main Street, Sussex, WI 53089. Currently 78% occupied, this multi-tenant property boasts a desirable location near the intersection of Highway 164 and Main Street, with high visibility and excellent access. The building, constructed in 1993, features a mix of executive and medical office spaces, catering to a diverse range of professional businesses. Current tenants include Ideal Human Chiropractic, American Family, Edward Jones, and other established businesses. A significant 4,080 square feet is already built out for medical use (Suites 105 & 109). The property benefits from municipal water and sewer, central air conditioning throughout, and common area restrooms, with some private restrooms within suites. The B-3 Highway Business District zoning allows for a variety of uses. Located near major retailers such as Pick'n Save, Starbucks, and Taco Bell (within two miles of the Meijer development), this property enjoys a daily traffic count of 9,100 vehicles (per WI DOT data). The asking price is $1,995,000. The property's tax key number is SUXV0231996001. This is a modified lease type property. This presents a strong investment opportunity in a thriving Sussex location.

    Property Features for N64 Main St

    General Information

    Property type
    Medical offices
    Square Feet
    29,357 SF
    Class
    C

    HighLights

    • Located in Indian Creek Office Suites.
    • Built in 1993.
    • Zoned B‑3 Highway Business District.
    • Municipal sewer and water.
    • Central air conditioning throughout.
    • Restrooms in common areas and some suites.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

    Law Firm Restaurant Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Gym & Fitness Daycare Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Sussex
    County
    Waukesha
    State
    Wisconsin
    Longitude
    -88.2219826
    Latitude
    43.1340195

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Medical office - Prime Sussex Office, High Traffic Area
    Where is this medical office located?
    The property is located at N64 Main St Sussex, WI.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: Located in Indian Creek Office Suites.; Built in 1993.; Zoned B-3 Highway Business District.
    Request Owner's contact information
    N64 Main St Sussex, WI 53089
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    Sussex, WI 53089
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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
    N64 Main St Sussex, WI 53089
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