N89W16416 Main St Menomonee Falls, WI 53051

Property Details for N89W16416 Main St

Year built

1996

Property size

1,975 SF

Property type

Retail properties

Property subtype

Office Properties & Spaces

Description

This exceptional investment opportunity presents a fully leased commercial condominium located at N89W16416 Main St, Unit 101, in Menomonee Falls, Wisconsin, 53051. The property, built in 1996, offers a total of 1,975 square feet of versatile space, ideally suited for a variety of commercial uses. Currently configured as three main-level retail suites, this multi-tenant property boasts a strong occupancy rate, generating a compelling 8.66% capitalization rate. The asking price for this turnkey investment is $250,000. The property's location in the heart of Downtown Menomonee Falls provides excellent visibility and accessibility, ensuring consistent tenant interest and strong rental income. The lease structure is a modified agreement, offering flexibility and potential for future growth. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a thriving Wisconsin community. The property's diverse suite configuration caters to a broad range of potential tenants, minimizing vacancy risk and maximizing return on investment. This is an ideal addition to any commercial real estate portfolio seeking stable income and appreciation potential. The property is classified as a Creative Office, Storefront, and Traditional Office space, offering a unique blend of uses within a single location. This presents a significant advantage in attracting a diverse tenant base and maximizing rental income potential. The property's prime location and strong tenant occupancy make this a truly exceptional investment opportunity.

Location Insight

City

Menomonee Falls

County

Waukesha

State

Wisconsin

Longitude

-88.1138

Latitude

43.1795