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    24707 Loomis Rd Wind Lake, WI 53185-5511

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    24707 Loomis Rd Wind Lake, WI 53185-5511


    • Commercial real estate
    • 0.57 lot acres
    Off-Market
    Last Sale Jun 2, 2022
    $500,000
    Property ID
    US92-3455024
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 24707 Loomis Rd

    Lot size
    0.57 lot acres
    Property type
    Commercial real estate
    APN
    010 042004152000
    APU
    10042004152000

    Description

    This exceptional commercial property at 24707 W Loomis Road, Waterford, WI, presents a unique dual investment opportunity. The offering encompasses a well-established tavern and a fully occupied four-unit apartment building situated on a 1.57-acre lot. The tavern, a turnkey operation, includes all necessary equipment for immediate continuation of business. This includes existing inventory, furniture (tables, chairs, barstools), a cooler, ice machine, glassware, a washing station, outdoor picnic tables, televisions, and a dedicated smoke shack. The property also boasts a pier and 222 feet of desirable channel frontage. The building itself is meticulously maintained and features numerous recent updates. The accompanying four-unit apartment building provides a consistent rental income stream, boasting full occupancy and a strong historical rental record. Detailed information regarding the apartment building is available via MLS #1886823. This combined property offers significant potential for both established business continuation and future development, making it an attractive investment for entrepreneurs and seasoned investors alike. The total square footage of the combined buildings is 1,661 square feet. The asking price for this remarkable property is $799,900.


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    Location Insight

    • Map
    • Local Demand
    City
    Wind Lake
    County
    Racine
    State
    Wisconsin
    Longitude
    -88.1346
    Latitude
    42.837
    CBSA code
    39540
    CBSA name
    RACINE, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,170
    $134,500
    $308,700
    $443,200
    -
    $154,840
    $355,384
    $510,224
    More about this property
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