Storefront Retail
953 E Milwaukee St, Whitewater, WI 53190
For Sale
$449,000
B-1-zoned storefront suitable for commercial retail use.
Property Size4,484 SF
Price / SF$100.13
Days on Market95
Property Features for 953 E Milwaukee St
General Information
Standard status
Size
Building Details
Year Built
Listing Agency:
Anderson Commercial Group, LLC
Listed By:
Kristen Parks · License WI #9034194
(414) 550-8925
Source:
Tumpanelegacy
Added: Aug 8
Changed: Oct 25
Last Checked: Oct 7 at 1:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Anderson Commercial Group, LLC
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Investment Insights
Based on property information with market context.
This storefront property contains 4,484 square feet and is designated B-1. The commercial building is located at 953 E Milwaukee St in Whitewater, Wisconsin 53190.
Key Highlights
- 4,484‑square‑foot storefront property
- B‑1 zoning designation
- Located at 953 E Milwaukee St, Whitewater, WI 53190
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,425
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$748,500
$748.5K
Cap Rate 7%
$534,643
$534.6K
Cap Rate 9%
$415,833
$415.8K
Market Conditions
NOI Build-Up for 4,484 SF
Gross rent
$58.1K $12.96/SF
− Vacancy
−$4.6K −$1.04/SF
EGI
$53.5K $11.92/SF
− OpEx
−$16.0K −$3.58/SF
NOI
$37.4K $8.35/SF
Area
Walworth County, WI
Vacancy
8.00%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$748,500
Cap Rate 7%
$534,643
Cap Rate 9%
$415,833
Alternative Uses
Best Use
Retail
$534.6K
$467.8K – $623.8K
NOI $37,425 @ 7.0% cap · market cap 8.34%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$865.3K
$757.2K – $1.01M
NOI $60,574 @ 7.0% cap · market cap 13.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
134
Businesses Nearby
29k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 98%
Hotels & Casinos 2%
Kwik Trip
Shops & Services
21,452 visits/mo
0.1 miles
Dollar General
Shops & Services
5,692 visits/mo
0.1 miles
Mobil
Shops & Services
1,656 visits/mo
0.2 miles
Super 8 by Wyndham Whitewater WI
Hotels & Casinos
570 visits/mo
0.1 miles
Demographics for 53190, WI
19,459
Population
8,331
Households
2.3
Avg Household Size
27
Median Age
35%
College-Educated
90%
High-School Grad
130.8 sq mi
ZIP Area
149
Density / Sq Mi
$59,598
Median Household Income
$17,627
Median Earnings
$990
Median Rent
$247,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Storefront properties in Walworth County, WI
Properties on Market for Storefront properties in Walworth County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - B-1-zoned storefront suitable for commercial retail use.
Where is this storefront property located?
The property is located at 953 E Milwaukee St Whitewater, WI.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 4,484‑square‑foot storefront property; B‑1 zoning designation; Located at 953 E Milwaukee St, Whitewater, WI 53190
