Property profile

100 Washington St Slinger, WI 53086

OFF-MARKET
Commercial real estate
Property ID
US92-0637911
0.81 ac lot
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional $1,900,000 investment opportunity presents the beautifully remodeled, historic Slinger House, a multifamily and office property located at 100 W Washington St, Slinger, WI 53086. Spanning 14,550 square feet on a 0.23-acre lot, this unique property boasts a rich history, having operated as a restaurant and grill for 165 years. The main building, a single-story structure built in 1910, includes a fully equipped, state-of-the-art 2,000 square foot kitchen located in the basement of the original dance hall. Six renovations over the past seven years have modernized the property, including updated mechanical systems. The main restaurant occupies the space of a former hotel, also benefiting from recent upgrades. The property also features renovated party rooms (a bar and chandelier room) created from the original 165-year-old dance hall, along with apartment and business office spaces totaling 890 square feet. The Carriage House Annex adds an additional 1,700 square feet of space. The property is zoned VC-D and includes 60 parking stalls. Annual property taxes are $9,296.35. This net lease property offers a 10-year lease term, providing a stable and attractive investment opportunity. The combination of historical charm, modern amenities, and diverse income streams makes this a truly unique and compelling investment.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.81 ac (35,284 SF)
APN V5 -000500C
UPID US92-0637911

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop (Bike/Boat/Book/etc) Store
  • Bar & Pub
  • Hotel & Motel Resort
  • Restaurant
  • Travel Agency

Location

100 Washington St Slinger, WI 53086-9439
Slinger metro Census 450106 MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$265k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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