Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
-
Real Estate Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight