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Property profile & analytics
OFF-MARKET
Investment properties
363 Main St Waukesha, WI 53186-4613
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US92-3328050
Property summary
AI-generated overview
This 3,800 square foot Waukesha, WI storefront, bar, and restaurant is available for sale at $525,000. Located at 363 W Main St, this multi-tenant property boasts 100% occupancy and features a charming courtyard ideal for outdoor seating. The building enjoys excellent visibility and accessibility in the heart of downtown Waukesha. The property is zoned B2 and includes municipal sewer and water. Heating is provided by gas forced air, and air conditioning is installed. One restroom is available. The property sits on a 0.09-acre lot (APN: WAKC1308269001) and has a 2023 property tax assessment of $4,364.07. This is a fantastic opportunity for owner-users or investors. The current tenant may be willing to remain. This is a NNN lease property.
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1900
Total area
3,800 SF
Lot
0.09 ac (3,920 SF)
Zoning code
B-2
APN
WAKC1308269001
UPID
US92-3328050
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
Current use
Occupant on record · Public records
-
Copilot Coffee Co. Cafe & Coffee Shop
-
Roots Coffeebar & Cafe Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Aj Joint Investment LLC · 1 yrs held
Aj Joint Investment LLC
since 2025
Last sale
$505,000
5 recorded transactions
Zoning & alternative use
B-2 · Waukesha, WI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Waukesha submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waukesha submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,364
Tax year 2023
Assessed value
$289,000
Assessed 2023
Previous assessed
$279,700
+3.3% YoY
Effective rate
1.51%
On assessed value
Assessed land
$52,700
Assessed improvement
$236,300
Total market value
$299,203
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1900
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
3,800 SF
Lot
0.09 ac (3,920 SF)
Zoning code
B-2
APN
WAKC1308269001
UPID
US92-3328050
Jurisdiction
WAUKESHA
Zoning & alternative use
B-2 · Waukesha, WI
Zoning B-2 · permitted uses
B-2 · Waukesha, WI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waukesha. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.09 ac
Current owner
From public records · entity-resolved
Aj Joint Investment LLC
Entity
Free & Clear · 1 yrs held
Mailing address
124 E WISCONSIN AVE, OCONOMOWOC, WI 53066-3034
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2025
$505,000
Aj Joint Investment LLC
H&h Properties LLC
Warranty Deed
—
Apr 22, 2015
$350,000
Schiffleger,bruno E & D E Trust
Shipbuilder LLC
Warranty Deed
$160,000 · Shipbuilder LLC
Apr 13, 2009
—
Shipbuilder LLC
—
Trustees Deed
related
$85,000 · Waukesha State Bank
Aug 8, 2008
$200,000
Shipbuilder LLC
Finn,james H
Warranty Deed
$130,000 · Waukesha State Bank
—
—
James H Finn III
—
Deed Of Trust
related
$63,000 · Waukesha State Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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