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    OFF-MARKET
    Commercial real estate

    1743 Wisconsin Ave, Grafton, WI 53024

    3,100 SF 3.1 ac lot Built 1850
    Entity Owned
    Property ID
    US92-1320461
    Property summary
    AI-generated overview

    This exceptional 3.1-acre commercial property at 1743 Wisconsin Ave, Grafton, WI 53024, presents a unique investment opportunity. The 3,100 square foot building, constructed in 1850, sits on a sizable lot and boasts a prime location between established businesses including Blain's Farm & Fleet, McDonald's, Ace Hardware, and Goodwill. Its strategic positioning offers excellent visibility and accessibility. The property's versatility allows for a range of development options, including retail businesses, a drive-through restaurant (facilitated by existing curb cuts), assisted living facilities, or multi-family apartments. Three curb cuts provide convenient access, with one directly from the Farm & Fleet road and two additional permitted curb cuts off the Goodwill parking lot driveway. The site benefits from robust infrastructure, including an 8-inch water main, a 10-inch sanitary sewer main, and a 36-inch storm sewer, all located on Wisconsin Avenue. Given the scarcity of available land between Grafton and Cedarburg, this property represents a rare chance to acquire a highly desirable commercial site in a thriving area. The three-story building offers significant potential for redevelopment or repurposing. This is a truly exceptional opportunity for investors seeking a high-impact commercial investment in a rapidly growing market.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1850
    Total area 3,100 SF
    Lot 3.1 ac (135,036 SF)
    UPID US92-1320461
    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
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    Owner & transaction history
    Lsre Grafton LLC
    Lsre Grafton LLC
    since 2025
    1 recorded transaction
    2025
    $1.0M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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