248 Washington Ave Cedarburg, WI 53012
This exceptional Cedarburg office complex, situated near the charming downtown area, presents a unique investment opportunity. The property, known as the Cedarburg Square Office Complex, comprises two buildings offering a diverse range of office suites to accommodate various business needs. Building B, specifically, features a convenient passenger elevator for easy access to all floors and a shared conference room, perfect for collaborative meetings or presentations. The total building size encompasses 12,740 square feet, with a minimum divisible space of 442 square feet and a maximum contiguous space of 3,346 square feet. Currently, there are 9,197 square feet of vacant space available, providing ample opportunity for immediate occupancy. The property is classified as Class B and was constructed in 1976. The complex sits on a generous 1.81-acre lot, offering ample parking and potential for future expansion. The available spaces cater to a variety of business sizes, from small executive offices to larger traditional office setups, making it an ideal location for businesses seeking flexible and adaptable workspaces in a desirable, established community. The mixed-use nature of the building allows for a variety of tenants and business types. This property offers a blend of convenience, functionality, and location, making it an attractive option for businesses looking to establish or expand their presence in Cedarburg.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.