2423 Kossow Rd Waukesha, WI 53186-2904
This exceptional 4,864 square foot restaurant property in Waukesha, Wisconsin, is available for $1,895,000 ($389.60/sq ft). Located at 2423 Kossow Rd, 53186, this single-story building sits in a high-traffic area with convenient access to I-94 and Highway 18, near the Goerke's Corners interchange. The property is zoned B-5 Community Business, offering flexibility for various uses. Previously a Mexican restaurant, it boasts attractive outdoor seating and the potential for a drive-thru, given its original Steak n' Shake construction. Its prime location offers excellent visibility and proximity to major retailers including Target, Menards, and Carmax, ensuring high foot traffic and potential for strong returns. This presents a unique opportunity for a savvy investor or business owner seeking a well-situated, established space with significant upside potential. The property's size and location make it ideal for a variety of restaurant concepts or other retail businesses. Serious inquiries are encouraged.
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Casa Tequila Restaurant
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-5 · 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.