425 Broadway Waukesha, WI 53186-5082
This completely renovated 4,000 square foot mixed-use property in Waukesha, Wisconsin, presents a compelling investment opportunity. Situated on a 0.2-acre lot at 425 E Broadway, the building offers a blend of commercial and residential space, generating substantial rental income. The main level features a large commercial space, currently configured as offices, ideal for a variety of businesses. A two-bedroom apartment with a modern kitchen and bathroom is located at the rear, accessible via a separate entrance or shared access with the commercial unit. Upstairs, a spacious four-bedroom apartment boasts a large flex room, updated kitchen and bathroom, and its own private entrance. All three units are currently leased, generating a combined monthly rental income of $5,000, with leases extending into the spring of 2025. Recent updates include new mechanical systems, encompassing three furnaces and air conditioning units, ensuring efficient and cost-effective operation. This property is perfect for passive investors seeking strong cash flow or owner-occupants requiring commercial space alongside residential income potential. Please provide at least 24 hours' notice for showings.
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Real estate Investing consultants.com Real Estate Agency
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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-3 · 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.