149 Wisconsin Ave Waukesha, WI 53186-4924
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Waukesha, WIWaukesha. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.