W1340 Beach Rd East Troy, WI 53120
Exceptional 2.98-acre commercial development opportunity in East Troy, Wisconsin, on the highly desirable Lake Beulah. This property boasts 138 feet of deeded shoreline and four piers with up to 14 approved boat slips, offering potential for significant seasonal rental income. Currently zoned B-3 Waterfront Business District & R, the site allows for a wide range of commercial uses, including hotel development (county approval for 28-60 units exists, with conceptual drawings available), condominiums/hotelminiums, restaurants, event centers, retail, marine services, private membership clubs, and assisted care facilities. Residential development is also possible, pending rezoning and permitting. The existing building will be removed post-sale, creating a blank canvas for a new development. Located less than a block from Lulabell's Restaurant and the Lake Beulah Yacht Club, this property benefits from high traffic and visibility. Convenient access to Highway 43 ensures easy access to Mitchell International Airport, hiking/biking trails, shopping, and dining. The seller has owned this largest commercial development site on the lake for over 30 years. The APN is P E T 900001D. Asking price is $4,500,000. This is a rare opportunity to acquire a significant waterfront property with substantial development potential in a highly sought-after location.
-
Lindey's On Beulah Real Estate Agency
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
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.