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Property profile & analytics
OFF-MARKET
Commercial real estate

261 4th St 1 Whitewater, WI 53190-1988

Individually Owned 14-yr Hold Absentee Owner Free & Clear
Property ID
US92-0609824
Property summary
AI-generated overview

This exceptional 1,988 square foot commercial property, located at 261 S Fourth STREET Unit 1 in Whitewater, Wisconsin, presents a unique opportunity for businesses of all sizes. Situated in the heart of downtown Whitewater, near City Hall, this general commercial space offers unparalleled convenience and visibility. Currently configured as thirteen individual offices, the layout provides remarkable flexibility. The space can easily accommodate a growing startup or an established business seeking expansion, allowing for customization to perfectly suit your operational needs. A dedicated reception area enhances the professional image and provides a welcoming environment for clients and visitors. The absence of condo fees contributes significantly to the overall value proposition, allowing for greater allocation of resources towards business development. Furthermore, the property's design allows for division into three separate, independently accessible business units, presenting an attractive option for multiple tenants or a single business seeking internal compartmentalization. This is a rare opportunity to secure a high-value commercial space in a thriving downtown location. Don't miss out on this exceptional offering.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN /SMVK 00001
UPID US92-0609824
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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Duane R Schaub · 14 yrs held
Duane R Schaub
since 2012
Last sale
$125,000
1 recorded transaction
2012
$140,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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