2919 Main St East Troy, WI 53120
- Commercial real estate
- 0.21 lot acres
Current Use by Public Records
- The Social Affair / Event Venue
Property Details for 2919 Main St
- Lot size
- 0.21 lot acres
- Property type
- Commercial real estate
- APN
- ROP 00100
- APU
- ROP00100
Description
This exceptional investment opportunity presents a fully leased, multi-tenant retail property located at 2919 Main Street in East Troy, Wisconsin. The property, built in 2021, boasts a substantial 3,600 square feet of space, strategically situated within the Central Business zoning district of Walworth County. The attractive asking price of $800,000 offers a compelling 8.40% capitalization rate, making it an ideal addition to any diversified portfolio. The property features a convenient drive-thru, ample parking for six vehicles, and a unique rooftop patio and bar area, enhancing its appeal and potential for increased revenue. The 0.21-acre lot provides ample space for outdoor seating and customer convenience. The building is equipped with an elevator, adding to its accessibility and functionality. Currently operating as a two-tenant layout, the property benefits from consistent income streams, ensuring a stable and profitable investment. The property's address is 2919 Main Street, East Troy, WI 53120, with APN ROP 00100. This turnkey operation presents a rare opportunity to acquire a high-performing commercial property in a desirable location.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- East Troy
- County
- Walworth
- State
- Wisconsin
- Longitude
- -88.4069
- Latitude
- 42.7848
- CBSA code
- 48580
- CBSA name
- WHITEWATER, WI MICROPOLITAN STATISTICAL AREA
