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Property profile & analytics
FOR SALE
Retail space

528 Wells St Delafield, WI 53018

Property ID
US92-Q072248
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
UPID US92-Q072248
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
  • Wheel & Sprocket (Bike/Boat/Book/etc) Store
  • Bartelt. The Remodeling Resource Construction Company General Contractor
  • YES Electric Electrical Service General Contractor
  • Morgan Dempsey Capital Management Financial Advisor
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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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