485 Jefferson St Waterford, WI 53185-4213
This exceptional 3,780 square foot commercial building, situated on a 0.33-acre lot at 485 S Jefferson STREET in Waterford, WI, presents a unique investment opportunity. The main floor, recently updated over the past five years, offers a flexible space ideal for a variety of business ventures. Its prime downtown location ensures excellent visibility and accessibility, attracting potential customers. The property's General Business zoning allows for a wide range of uses, making it suitable for restaurants, retail, or offices. Ample parking is available, catering to the needs of both businesses and customers. Adding to its appeal, a comfortable two-bedroom, one-bathroom apartment occupies the upper level, currently leased to a long-term tenant, providing a consistent stream of rental income. While some cosmetic improvements may be desired, this property's strong location and versatile layout offer significant upside potential for the discerning investor. The asking price is $319,900. This is a rare chance to acquire a well-located commercial property with immediate income potential in the thriving Village of Waterford. Don't miss this opportunity to own a piece of Waterford's vibrant business community.
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
Property description
Physical attributes from public recordsZoning & alternative use
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.