11 Walworth StElkhorn, WI 53121

  • Other commercial real estate
  • 0.04 AC
For Sale
$2,500 View listing

Property Details for 11 Walworth St

Lot size
0.04 AC
Property type
Other commercial real estate
APN
YOP 00198
APU
YOP00198

Description

This exceptional 2,186 square foot commercial building in downtown Elkhorn, Wisconsin, presents a unique investment opportunity. Located on a 0.07-acre lot at 11 W Walworth Street, this all-brick structure boasts significant historical character, having previously housed the Elkhorn Independent newspaper. Some original printing equipment remains, adding to its unique appeal. The property features beautiful hardwood floors, large windows, and skylights, creating a warm and inviting atmosphere. The interior includes a well-designed reception/studio/office/conference area, enhanced by a newer interior load-bearing wall. Zoned B-1, the property is suitable for a variety of retail, service, and entertainment businesses. Practical features include alley access for convenient deliveries and dumpster access. The annual rent is $33,000, with monthly CAM charges covering all utilities, snow removal, and property taxes. This property offers a chance to be part of Elkhorn's thriving downtown area, known for its vibrant atmosphere, holiday events, and farmers' market. The building's charm and prime location make it an ideal space for a business seeking a unique and well-situated presence in the heart of Elkhorn.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $378,213
    Hospitality
    $346,441
    Educational
    $288,235
    Medical
    $298,148
    Retail
    $448,366
11 Walworth St, Elkhorn, Wisconsin

Location Insight

City
Elkhorn
County
Walworth
State
Wisconsin
Latitude
42.6716
Longitude
-88.5429
CBSA code
48580
CBSA name
WHITEWATER, WI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,805
$18,800
$99,100
$117,900
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