1743 Wisconsin Ave, Grafton, WI 53024
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
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.