Mixed-Use Income Building with River
For Sale
Contact for pricing
Pending
W315N7755 State Road 83, North Lake, WI 53029
Historic building offers three residential apartments and a commercial apartment, plus an additional river-front lot.
Property SizeContact for details
Days on Market147
Property Features for W315N7755 State Road 83
General Information
Standard status
Pending
Property subtype
Industrial, Retail
Zoning
B-2
Additional Details
Business Included
Yes
Multifamily Units
3
Building Details
Tenancy
Multi
Listing Agency:
First Weber Realtors Glendale
Listed By:
Liz Tobolt · License #WI 90-55421
Source:
Crexi
Added: Apr 13
Changed: Sep 4
Last Checked: Sep 5 at 11:25PM
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 First Weber Realtors Glendale
Investment Insights
Based on property information with market context.
This historic mixed-use building includes three residential apartments and one commercial apartment. The property configuration features a spacious 3-bedroom townhouse-style unit located toward the back, a 1-bedroom efficiency in the middle, and a 2-bedroom upper unit. The commercial component is described in the remarks as the long-time home to the North Lake Post Office.
Also included in the sale is an additional lot with river frontage on the Oconomowoc River leading out to North Lake. The river lot includes a commercial lot ready for construction, with the remarks indicating it is prepared for B-2 use, as shown on the attached survey.
The offering combines multiple income-producing units with an included river-front parcel that provides additional development optionality based on the stated B-2 use.
Also included in the sale is an additional lot with river frontage on the Oconomowoc River leading out to North Lake. The river lot includes a commercial lot ready for construction, with the remarks indicating it is prepared for B-2 use, as shown on the attached survey.
The offering combines multiple income-producing units with an included river-front parcel that provides additional development optionality based on the stated B-2 use.
Key Highlights
- Historic building with 3 residential apartments and 1 commercial apartment
- Back unit: spacious 3‑bedroom townhouse‑style residence
- Middle unit: 1‑bedroom efficiency apartment
Property Analytics
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 53029, WI
21,239
Population
8,717
Households
2.4
Avg Household Size
43
Median Age
49%
College-Educated
98%
High-School Grad
37.6 sq mi
ZIP Area
565
Density / Sq Mi
$109,778
Median Household Income
$58,923
Median Earnings
$1,126
Median Rent
$449,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Historic building offers three residential apartments and a commercial apartment, plus an additional river-front lot.
Where is this triplex located?
The property is located at W315N7755 State Road 83 North Lake, WI.
What are key features of this property?
This property features: Historic building with 3 residential apartments and 1 commercial apartment; Back unit: spacious 3‑bedroom townhouse‑style residence; Middle unit: 1‑bedroom efficiency apartment
