13180-13200 Watertown Plank Rd Elm Grove, WI 53122
Sponsored
For Sale
$1,189,000
Prime Elm Grove location, executive office space.
Property size:
6,772 SF
Description
Added:
Dec 11, 2024
Days on Market:
391
This exceptional mid-century modern building, located at 13180-13200 Watertown Plank Road in Elm Grove, Wisconsin, presents a unique investment opportunity. The property boasts 6,772 square feet of space, with 6,672 square feet of net rentable area, currently vacant and available for lease or sale. The building is situated on approximately 0.54 acres and features a desirable B-1 Local Business District zoning, allowing for a variety of uses including retail, office, or service businesses. The property includes 20 parking spaces, plus ample street parking, and is conveniently located near restaurants, bars, grocery stores, banks, parks, and major highways (I-41 and I-94). The building's construction is masonry, with natural gas-fired rooftop HVAC units. The property is divided into two parcels: 13180 Watertown Plank Road (1,672 sq ft, 0.3369 acres, APN EGV1106006, 2021 taxes $2,959.67) and 13200 Watertown Plank Road (5,000 sq ft, 0.2006 acres, APN EGV1106007, 2021 taxes $5,621.64). The asking price is $1,189,000, and lease rates are negotiable, with suggested rates of $22.00/sq ft NNN for 13180 and $17.50/sq ft NNN for 13200. The property also includes a 5,000 sq ft basement and 1,000 sq ft of cold storage. High traffic counts on Watertown Plank Road (7,900-9,300 vehicles daily in 2018) further enhance its desirability. The property's proximity to the Milwaukee County Research Park and Mayfair Mall adds to its appeal. This is an excellent opportunity to own a piece of Elm Grove's history and capitalize on its prime location.
Property Features for 13180-13200 Watertown Plank Rd
General Information
Property type
Office Properties & Spaces
Square Feet
6,772 SF
Lot Size
8,712 SF
HighLights
Sale price negotiable.
Available space: 1,672 SF at 13180 Watertown Plank Rd and 5,000 SF at 13200 Watertown Plank Rd.
Lease rates: $22/SF NNN at 13180 Watertown Plank Rd and $17.50/SF NNN at 13200 Watertown Plank Rd.
6,772 SF building plus 5,000 SF basement and 1,000 SF cold storage.
Masonry construction.
0.54‑acre lot (0.3369 acres at 13180, 0.2006 acres at 13200).
Office Property / Space - Prime Elm Grove location, executive office space.
Where is this office property / space located?
The property is located at 13180-13200 Watertown Plank Rd Elm Grove, WI.
What is the asking price?
The asking price for this property is $1,189,000.
What are key features of this property?
This property features: Sale price negotiable.; Available space: 1,672 SF at 13180 Watertown Plank Rd and 5,000 SF at 13200 Watertown Plank Rd.; Lease rates: $22/SF NNN at 13180 Watertown Plank Rd and $17.50/SF NNN at 13200 Watertown Plank Rd.
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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.
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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
13180-13200 Watertown Plank Rd Elm Grove, WI 53122
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13180-13200 Watertown Plank Rd, Elm Grove, WI
Daniel Walsh
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13180-13200 Watertown Plank Rd, Elm Grove, WI
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13180-13200 Watertown Plank Rd, Elm Grove, WI
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Daniel Walsh
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