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Property profile & analytics
OFF-MARKET Estimated value $860,000
Office buildings

149 Wisconsin Ave Waukesha, WI 53186-4924

7,800 SF 0.17 ac lot Built 1965
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US92-1280915
Property summary
AI-generated overview

This 7,800 square foot retail building, located at 149 Wisconsin Ave in Waukesha, Wisconsin, presents a compelling owner-user opportunity. Priced at $395,000 ($50.64/SF), this vacant property boasts a convenient downtown location at a fully signalized corner. Built in 1980, the building sits on a 0.17-acre lot and is zoned B-3. The interior features a completely finished lower level, and the property is easily accessible, with handicap-accessible restrooms and an elevator (currently non-operational). Recent upgrades include a brand new roof and HVAC unit, ensuring efficient and cost-effective operation. The extremely walkable neighborhood offers an abundance of area amenities and retailers, providing high foot traffic and excellent visibility for any business. This property is ideal for a business seeking a prominent location in a thriving downtown area. The building's size and features offer significant potential for a variety of retail uses. The property's location in Waukesha County, Wisconsin, zip code 53186, provides easy access to major transportation routes and a strong local market. This is a rare opportunity to acquire a well-maintained retail space in a prime downtown location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1965
Total area 7,800 SF
Lot 0.17 ac (7,231 SF)
Zoning code B-2
APN WAKC1308089
UPID US92-1280915
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$885k
Blend (final) Blend
$860k
Owner & transaction history
North Barstow Properties LLC · 1 yrs held
North Barstow Properties LLC
since 2025
2 recorded transactions
2025
$235,000
2018
Price N/A
Zoning & alternative use
B-2 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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