620 Elizabeth CtBrookfield, WI 53045

Property Details for 620 Elizabeth Ct

Lot size

3.03 AC

Zone code

B

Property type

Other commercial real estate

APN

BKFT1123992002

APU

BKFT1123992002

Description

This exceptional multi-use property, located at 620 Elizabeth Ct in Brookfield, Wisconsin, presents a compelling investment opportunity. The 25,660 square foot building sits on a 3.02-acre lot and boasts a desirable 7.25% cap rate. Built in 1995 and extensively renovated in 2019, the property features a mix of retail (4,500 SF), office (5,150 SF), and warehouse space (16,010 SF), plus an additional 700 square feet of second-floor office space. The building's versatile layout caters to a variety of business needs. Improvements completed in 2019 include a new 60-mil ballasted rubber membrane roof, updated HVAC and LED lighting systems, and a fully renovated office and retail showroom. The property includes 143 parking spaces and two grade-level loading docks. Constructed with poured concrete panels and equipped with a wet sprinkler system, the building offers exceptional durability and safety. Currently fully leased to Authentic Sport Specialty until June 30th, 2029, this property provides immediate cash flow and long-term stability. Its strategic location just off Bluemound Road, minutes from the Goerkes Corners interchange, ensures high visibility and easy access to major transportation routes. This is a rare opportunity to acquire a flexible, high-performing asset in one of Southeastern Wisconsin's most dynamic commercial corridors. The asking price is $4,200,000.

• Alternative Use

  Use

  Valuation

  Residential

  $27,233,212

  Hospitality

  $24,945,476

  Educational

  $20,754,344

  Medical

  $21,468,118

  Retail

  $32,284,534

Location Insight

City

Brookfield

County

Waukesha

State

Wisconsin

Latitude

43.0376

Longitude

-88.1584

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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