Current Use by Public Records
- Lifetime Renovations / General Contractor
- Lifetime Commercial Radon and Vapor Intrusion Mitigation / General Contractor
Property Details for 805 Wells St
- Lot size
- 0.82 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Delafield
- County
- Waukesha
- State
- Wisconsin
- Longitude
- -88.4003
- Latitude
- 43.0599
