For Sale
$575,000

425 Broadway Waukesha, WI 53186

Prime Waukesha location, high rental income.

Overview

Added:
Feb 3
Days on market:
84
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.

Property Details for 425 Broadway

Property type
Commercial real estate
Square Feet
4,000 SF
Year Built
1875
Lot Size (sq. ft)
8,712 SF

Location Insight

City
Waukesha
County
WAUKESHA
State
Wisconsin
Latitude
43.00764
Longitude
-88.22216

FAQs

What type of property is this?
Commercial real estate - Prime Waukesha location, high rental income.
Where is the commercial real estate located?
The property is located at 425 Broadway Waukesha, WI.
What is the asking price?
The asking price for this property is $575,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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425 Broadway
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