For Sale
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Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
To provide appropriate regulations to ensure the compatibility of the diverse uses typical of the downtown area without inhibiting the development of commercial, cultural, entertainment, and other urban activities which…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Waukesha market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Waukesha, WITo provide appropriate regulations to ensure the compatibility of the diverse uses typical of the downtown area without inhibiting the development of commercial, cultural, entertainment, and other urban activities which…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
To provide appropriate regulations to ensure the compatibility of the diverse uses typical of the downtown area without inhibiting the development of commercial, cultural, entertainment, and other urban activities which…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for B-2 in Waukesha, WI.
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