Automotive Service Shop with
N64W23936 Main St, Sussex, WI 53089
For Sale
New
$475,000
N, Sussex, WI
Property Size4,632 SF
Lot Size0.37 Acres
Price / SF$102.55
Days on Market2
Property Features for N64W23936 Main St
General Information
Property type
Property subtype
Zoning
Directions
Standard status
APN
Size
Lot size
Additional Details
Real Estate Included
Automotive Uses
Taxes and HOA fees
Tax Year
Tax Annual Amount
Amenities
Two overhead shop doors
Hoist
Building Details
Year built
Architectural style
Buildings
Listing Agency:
Arkenstone Real Estate Experts
Listed By:
Michael Moen
(262) 510-1096
Added: Nov 5
Last Checked: Nov 6 at 8:06PM
MLS# 1987337
Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This automotive property in Sussex includes shop space equipped with two automotive lifts, dedicated offices, and a basement used for workshop and storage functions. A hoist and concrete stairs provide access to the lower level. Two overhead doors serve the shop, and the site contains 0.37 acres. The building dates to 1930 and is zoned Commercial.
The property fronts Main Street in an established business district. An adjacent residential property with garage and storage space is also available for purchase, either separately or together with this site.
The property fronts Main Street in an established business district. An adjacent residential property with garage and storage space is also available for purchase, either separately or together with this site.
Key Highlights
- Two automotive lifts in the shop
- 0.37‑acre site with Main Street exposure
- Two overhead doors, approximately 10' wide x 11' high
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,867
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,340
$337.3K
Cap Rate 7%
$240,957
$241.0K
Cap Rate 9%
$187,411
$187.4K
Market Conditions
NOI Build-Up for 4,632 SF
Gross rent
$25.3K $5.47/SF
− Vacancy
−$1.2K −$0.27/SF
EGI
$24.1K $5.20/SF
− OpEx
−$7.2K −$1.56/SF
NOI
$16.9K $3.64/SF
Area
Waukesha County, WI
Vacancy
4.90%
Lease Rate
$5.47 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,340
Cap Rate 7%
$240,957
Cap Rate 9%
$187,411
Alternative Uses
Best Use
Retail
$937.7K
$820.5K – $1.09M
NOI $65,639 @ 7.0% cap · market cap 13.82%
Second Best
Industrial
$241.0K
$210.8K – $281.1K
NOI $16,867 @ 7.0% cap · market cap 3.55%
Theoretical Best
Flex RnD
$2.36M
$2.07M – $2.76M
NOI $165,483 @ 7.0% cap · market cap 34.84%
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
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
13k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 74%
Shops & Services 26%
Piggly Wiggly
Groceries
9,520 visits/mo
0.1 miles
BP
Shops & Services
2,959 visits/mo
0.4 miles
Napa Auto Parts
Shops & Services
439 visits/mo
0.2 miles
Demographics for 53089, WI
19,657
Population
7,856
Households
2.5
Avg Household Size
43
Median Age
45%
College-Educated
98%
High-School Grad
26.9 sq mi
ZIP Area
731
Density / Sq Mi
$116,042
Median Household Income
$60,356
Median Earnings
$1,270
Median Rent
$387,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Paul's Certified Auto Repair, LLC. — N61 W23145, Silver Spring Dr, Sussex, WI 53089
- Straight Line Automotive Upholstery — W239N6260 Maple Ave, Sussex, WI 53089
- Chuck's Main Street Auto — N64W23876 Main St, Sussex, WI 53089
- Sussex Auto Inc — N64W23936 Main St, Sussex, WI 53089
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial-zoned property combines vehicle service space with offices, basement workshop and storage, and two overhead doors.
Where is this auto shop located?
The property is located at N64W23936 Main St Sussex, WI.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two automotive lifts in the shop; 0.37‑acre site with Main Street exposure; Two overhead doors, approximately 10' wide x 11' high
