953 Milwaukee St, Whitewater, WI 53190-2128
- Commercial real estate
- 0.39 lot acres
Current Use by Public Records
- RE/MAX Connect / Real Estate Agency
- Terry Ault, RE/MAX Equity / Real Estate Agency
Property Details for 953 Milwaukee St
- Lot size
- 0.39 lot acres
- Property type
- Commercial real estate
- APN
- /HAS 00066A
- APU
- HAS00066A
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 11, 2025 | $299,000 | Legge Painting & Pre Finishing LLC | 953 E Mulwaukee LLC | Deed | $269k · Not Available |
| Jan 8, 2020 | — | Terry Ault | Ideas Rmr LLC | Quit Claim Deed · related | — |
| Nov 13, 2017 | $138,000 | Ideas Rmr LLC | Gregory G Greenwood | Warranty Deed | $110k · Greenwood State Bank |
| Feb 29, 2016 | $2,200 | City Of Whitewater | Gregory G Greenwood | Warranty Deed | — |
| Nov 19, 2010 | — | Gregory G Greenwood | Ruth M Walton | Quit Claim Deed · related | $150k · Peoples Bank |
Description
This versatile 4,300 square foot mixed-use building, located at 953 E Milwaukee St in Whitewater, Wisconsin, presents a compelling investment opportunity. Currently vacant, this property offers immediate occupancy for a variety of businesses. The asking price is $309,000, representing a compelling $71.86 per square foot and a 9.71% capitalization rate, based on a net operating income (NOI) of $30,000. The building boasts a strong rent history, previously commanding $3,000 per month. The front area is designed as an inviting office space, suitable for medical professionals such as chiropractors, massage therapists, or dentists, or even a childcare center. The rear portion provides ample space adaptable for various uses, including auto service or general storage. Recent improvements include a new roof (2022) and a new insulated roof/ceiling in the storage area. The property benefits from excellent signage on a busy road and enjoys a prime location near new commercial developments, including a Kwik Trip, Dollar General, and warehouses. This property offers significant potential for a savvy investor seeking a high-return, mixed-use asset in a growing area. The building's flexible layout and recent upgrades make it an attractive option for a wide range of businesses.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Whitewater
- County
- Walworth
- State
- Wisconsin
- Longitude
- -88.7115
- Latitude
- 42.8316
- CBSA code
- 48580
- CBSA name
- WHITEWATER, WI MICROPOLITAN STATISTICAL AREA
