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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

N89W16416 Main St Menomonee Falls, WI 53051

1,975 SF Built 1996
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1996
Total area 1,975 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
  • Realty Executives: The Brill Team Real Estate Agency
  • Mike & Lynn Bauman - Realty Executives - New Homes Wisconsin, LLC. Real Estate Agency
  • Bicycle parking Bicycle Rack
  • Sora Fiamma (FKA Babe Beauty Co.) Hair Salon
  • Melissa Allen American Family Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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