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    1231 George Towne Dr Pewaukee, WI 53072

    For Lease
    $16 SF/Yr

    11,000 SF Vacant Salon/Spa Space

    Lot size:
    17,241 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property, located at 1231 George Towne Drive in Pewaukee, Wisconsin, presents a unique investment opportunity. The single-story building, constructed in 2006, boasts a total of 17,241 square feet, with a significant 11,000 square feet currently vacant and immediately available. Ideal for a salon, spa, or similar service-oriented business, this space offers flexibility with minimum divisible space of 2,500 square feet and a maximum contiguous space of 11,000 square feet. The property sits on a generous 2.52-acre lot, providing ample space and visibility. Convenient parking is ensured with 93 stalls, a ratio of 5.4 spaces per 1,000 square feet. The property is zoned B-3 Office & Service Business, making it perfectly suited for a variety of uses. The property's address is 1231 George Towne Dr, Pewaukee, WI 53072, and its APN is PWV-0902-237-001. This location in Waukesha County offers excellent access to major roadways and a thriving local community. Don't miss this chance to secure a prominent retail space in a desirable location. Contact us today to learn more about this exceptional opportunity.

    Property Features for 1231 George Towne Dr

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,241 SF
    Total Rate
    22988

    Building Details

    Year Built
    2006
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space
    Size
    11,000 SF
    Rate per SF
    $18

    HighLights

    • 17,241 SF retail building on a 2.52‑acre lot in Pewaukee, WI.
    • 11,000 SF of vacant space immediately available, divisible to 2,500 SF minimum.
    • Excellent location near major roadways, with 93 parking stalls (5.4/1,000 SF).
    • Tenant improvement allowance available.
    Property Profile Insight Report 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
    -88.2378794
    Latitude
    43.0849346

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    FAQs

    What type of property is this?
    Retail property - 11,000 SF Vacant Salon/Spa Space
    Where is this retail property located?
    The property is located at 1231 George Towne Dr Pewaukee, WI.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 17,241 SF retail building on a 2.52-acre lot in Pewaukee, WI.; 11,000 SF of vacant space immediately available, divisible to 2,500 SF minimum.; Excellent location near major roadways, with 93 parking stalls (5.4/1,000 SF).
    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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