209 N Milwaukee St Waterford, WI 53185
For Sale
1 / 6
This exceptional investment opportunity presents a 19,980-square-foot flex space located at 209 N Milwaukee Street in Waterford, Wisconsin. The property, built in 1972, sits on a 2.36-acre lot and boasts a prime retail location directly on the main thoroughfare of Waterford's business district. Currently operating under a two-year lease (commencing November 30, 2023) with 100% occupancy, this single-tenant building offers a stable income stream. The lease is a NNN (Net, Net, Net) type. Features include a 16-foot ceiling height, one 8-foot overhead drive-in door, and ample parking with 50 spaces. The property also benefits from an existing sprinkler system. Its strategic location provides easy access to major highways, including Highways 36, 164, 20, and 83, all within approximately one mile. Seller financing is available. The asking price is $1,500,000, translating to $75.08 per square foot. The property's APN is 191041936066000.
-
Waldyn Liquidators Discount Store
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
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.