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    501 Grand Ave Waukesha, WI 53186

    For Sale
    $1,075,000

    Prime Waukesha location, 2,000 rentable sq ft.

    Property size:
    11,989 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional executive office building, located at 501 S Grand Ave in Waukesha, Wisconsin, presents a unique investment opportunity. The property boasts a total of 11,989 square feet, with 2,000 square feet of net rentable space, currently configured as executive office space. The asking price is $1,075,000, translating to a price per square foot of $89.67. The property sits on a 0.53-acre lot and includes ample surface parking with 33 available spaces. Conveniently located in Waukesha County, Wisconsin, with a zip code of 53186, this property offers easy access to local amenities and transportation routes. Internal features include a dedicated break room and two bathrooms, enhancing the functionality and comfort of the space. The property's APN is WAKC1333382. The square footage is divisible, offering flexibility for potential tenants or future development. This presents a compelling opportunity for investors seeking a well-located, versatile commercial property in a thriving Wisconsin market. The property is currently listed for sale.

    Property Features for 501 Grand Ave

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    11,989 SF
    Lot Size
    23,087 SF

    HighLights

    • Highly divisible floor plan.
    • Ample surface parking with 33 stalls.
    • Includes a break room and two restrooms.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Diabetic Shoppe Pharmacy ValuCare Pharmacy Pharmacy

    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
    -88.2635502
    Latitude
    43.0079992

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Waukesha location, 2,000 rentable sq ft.
    Where is this office property / space located?
    The property is located at 501 Grand Ave Waukesha, WI.
    What is the asking price?
    The asking price for this property is $1,075,000.
    What are key features of this property?
    This property features: Highly divisible floor plan.; Ample surface parking with 33 stalls.; Includes a break room and two restrooms.
    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
    501 Grand Ave Waukesha, WI 53186
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