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Property profile & analytics
OFF-MARKET
Lifestyle centers

805 Wells St Delafield, WI 53018

6,500 SF 0.82 ac lot
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property presents a rare opportunity in the vibrant heart of Downtown Delafield, Wisconsin. The offering encompasses a 6,500 square foot flex building situated on a 0.82-acre parcel comprised of two adjacent lots (0.43 acres and 0.39 acres). The existing building provides immediate income potential, while the combined lot size offers significant redevelopment possibilities. Located in the desirable "Lake Country" region, this prime location boasts easy access to I-94 and benefits from strong surrounding household incomes. The property is surrounded by a thriving community, featuring a diverse mix of businesses, including office tenants, retailers, restaurants, and nightlife venues. Its proximity to new residential developments and the recently completed $25 million Hendricks Grain Development (78,000+ SF of office and retail space) further enhances its value and potential. The property is served by municipal sewer and water, with We Energies providing gas and electric. It is zoned Commercial Business (CBD-2), allowing for a wide range of uses. The asking price for this unique investment opportunity is $1,800,000.

Property profile
Verified
Property type Lifestyle centers
Total area 6,500 SF
Lot 0.82 ac (35,719 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lifetime Renovations General Contractor
  • Lifetime Commercial Radon and Vapor Intrusion Mitigation General Contractor
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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