For Sale
$750,000

103-109 Lake St Mukwonago, WI 53149

Mukwonago, WI Retail Investment

Property Records

Overview

Added:
Dec 11, 2024
Days on market:
138
This 8,000 square foot multi-tenant retail center in Mukwonago, Wisconsin, presents a compelling investment opportunity. Located at 103-109 Lake Street, the property boasts a strong daily traffic count of 18,700 vehicles (DOT 2022 data) and offers excellent visibility with building and monument signage opportunities. Currently generating a net operating income (NOI) of $65,911, the property has significant upside potential, projected at $95,438. The asking price is $750,000. The property features city water and sewer utilities and includes approximately 1,700 square feet of immediately available leasable space, currently commanding a monthly rent of $2,400. Real estate taxes are $8,761.26 annually (Tax Key: MUKV1973959). This modified lease property offers a blend of existing tenants and a vacancy, providing immediate income generation and the potential for further revenue growth through leasing or occupancy. The property's prime location and strong traffic flow make it an ideal investment for both seasoned investors and business owners seeking to expand their operations. This is a rare opportunity to acquire a well-positioned retail center in a thriving Wisconsin community.

Highlights

  • 8,000 SF Building
  • 1,700 SF Available for Lease
  • $2,400/Month Rent
  • High Traffic Count: 18,700 VPD (DOT 2022)
  • Excellent Signage Opportunities
  • City Water & Sewer

Property Details for 103-109 Lake St

Property type
Retail properties
Square Feet
8,000 SF

Location Insight

City
Mukwonago
County
Waukesha
State
Wisconsin
Latitude
42.8645163
Longitude
-88.3336114

FAQs

What type of property is this?
Retail property - Mukwonago, WI Retail Investment
Where is the retail property located?
The property is located at 103-109 Lake St Mukwonago, WI.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 8,000 SF Building; 1,700 SF Available for Lease; $2,400/Month Rent
How can I contact the broker?
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103-109 Lake St
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