528 Wells St Delafield, WI 53018
The Retail House at Wells is a distinctive retail/office development located in the heart of historic downtown Delafield, Wisconsin. Positioned within one of Lake Country's most charming and supply-constrained downtown environments. The 16,744 SF retail building along Delafield’s signature street, houses highly known Wheel & Sprocket bike store, Bartelt Remodeling, Simply Nastural Cleaners, Boutique Wealth Management and Fairy Face Aesthetic. The property’s structural integrity supports varied retail layouts while preserving period charm; tall ceilings, exposed brick, and original wood detailing combine with modern systems for comfortable operations. Ample parking adjacent complements the walkable setting, ensuring convenient access for tenants and customers alike. Ideal for investors seeking a premium retail asset with a storied presence in one of Wisconsin’s most desirable downtowns. 16,744 square feet of retail and office Asking Price of $3,360,000 2027 NOI of $176,192 Multiple street-level entrances support flexible tenant configurations Tall ceilings with original architectural accents create a distinctive ambiance Updated mechanical systems support contemporary retail operations Adjacent shared parking supports customer convenience.
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Wheel & Sprocket (Bike/Boat/Book/etc) Store
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Bartelt. The Remodeling Resource Construction Company General Contractor
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YES Electric Electrical Service General Contractor
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Morgan Dempsey Capital Management Financial Advisor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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
No recorded transactions found for this property.
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.