For Sale
$575,000

24804 75Th St Salem, WI 53168

High-traffic Hwy 50 location, multi-tenant potential.

Overview

Added:
Feb 3
Days on market:
85
This exceptional 5,193 square foot commercial building is situated on a highly visible .55-acre corner lot in Salem, Wisconsin, on heavily trafficked Highway 50. Currently configured for three tenants, the property offers significant flexibility and potential for expansion or adaptation to suit various business needs. The building boasts a rich history, previously serving as a successful grocery store and other thriving enterprises. The property benefits from convenient access to Village sewer and recently installed municipal water, with all special assessments paid in full. Its strategic location offers unparalleled visibility and accessibility. The area is experiencing significant growth, with numerous new businesses and residential developments underway. Within walking distance are Paddock and Hooker Lakes, providing a desirable amenity for employees and customers. The vibrant community of Salem offers a wide array of amenities, including a Kwik Trip, Taco Bell, Scooters Coffee, Culver's, Walgreens, Ace Hardware, Westosha Floral, McDonald's, Burger King, diverse dining options, Aurora Medical facilities, Festival Foods, Westosha Central High School, churches, banks, a car dealership, and the newly improved Old Settler's Lakefront Park, featuring a band pavilion and sandy beach. This property is ideally positioned to capitalize on the ongoing growth between I-94 and Lake Geneva, presenting a compelling investment opportunity for discerning buyers.

Property Details for 24804 75Th St

Property type
Commercial real estate
Square Feet
5,193 SF
Year Built
1948
Lot Size (sq. ft)
23,958 SF

Location Insight

City
Salem
County
Other
State
Wisconsin
Latitude
42.56856
Longitude
-88.10947

FAQs

What type of property is this?
Commercial real estate - High-traffic Hwy 50 location, multi-tenant potential.
Where is the commercial real estate located?
The property is located at 24804 75Th St Salem, 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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24804 75Th St
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