2281 Washington St West Bend, WI 53095
This exceptional West Bend property presents a unique investment opportunity encompassing two buildings on a sprawling 2.66-acre lot. The main structure, a charming late-1800s craftsman home, boasts approximately 2600 square feet, including a 680-square-foot storefront ideal for retail, office, or service-based businesses. The main building features a spacious layout with three bedrooms, multiple living areas, and a full basement. The attached commercial space offers endless possibilities for a variety of businesses. A separate 1120-square-foot, three-bedroom ranch home on the property generates rental income of $900 per month, currently occupied by a caretaker responsible for property maintenance and landscaping. Both homes are zoned B1, allowing for diverse commercial uses. The property includes multiple outbuildings, such as storage sheds and garages, adding to its versatility. The extensive lot provides ample space for expansion or future development. The property is being sold as-is, with inspections welcome but no inspection contingencies accepted. The sale includes several appliances in both homes, but excludes certain items such as water softeners and personal property. Two buried heating oil tanks are present on the property, in addition to a functioning tank in the main building's workroom. This property offers a blend of historic charm, income potential, and flexible zoning, making it an attractive investment for a variety of buyers. The property is located on a busy section of State Highway 33 (E. Washington Street) in West Bend, Wisconsin, with convenient access to local amenities and transportation routes.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.