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Property profile & analytics
OFF-MARKET
Commercial real estate

162 Main St Whitewater, WI 53190

12,000 SF 0.26 ac lot Built 1955
Property ID
Property summary
AI-generated overview

This exceptional 12,000 square foot commercial property, located at 162 W Main STREET Unit 168 in the heart of Whitewater, Wisconsin, presents a unique investment opportunity. Situated on a 0.26-acre corner lot, this newer building boasts a vibrant mix of retail, office, and restaurant spaces. Two established restaurants anchor a spacious, open-concept dining hall/courtyard area, creating a bustling and attractive atmosphere. The current configuration offers significant flexibility for a variety of businesses, with ample room for expansion. The property's strategic location provides convenient street parking, while a city-owned lot directly behind the building offers additional parking and potential for future development, enhancing the scalability of any business operating within. A key advantage is the inclusion of an upper-level residential unit, ideal for rental income or owner occupancy. Recent improvements have been made to the property, ensuring it's in excellent condition and ready for immediate use. This is a rare opportunity to acquire a thriving commercial property in a desirable downtown location with significant growth potential. The asking price is $1,500,000.

Property profile
Verified
Property type Commercial real estate
Year built 1955
Total area 12,000 SF
Lot 0.26 ac (11,326 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
  • Fanatico Restaurant
  • UPS Access Point location Courier Service Postal Service
  • Pastoral & Family Therapy Services Family Counselor
  • Happy Little Gems (Bike/Boat/Book/etc) Store
  • LA PIAZZA PIZZERIA Restaurant
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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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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