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
Nearby Similar for Sale
For Sale
$215,000
Salem Commercial Property - High Traffic Area
Prime Salem location, high visibility, month-to-month tenant.
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?
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75Th St Salem, WI 53168
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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24804 75Th St
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