203 Walworth StElkhorn, WI 53121

Property Details for 203 Walworth St

Lot size

0.25 AC

Property type

Other commercial real estate

APN

YOP 00253

APU

YOP00253

Description

This exceptional 1,800 square foot commercial property, situated on a 0.25-acre lot at 203 W Walworth Street in Elkhorn, Wisconsin, presents a unique investment opportunity. The building's flexible T-1 zoning allows for a variety of uses, including commercial, single-family residential, or multi-family residential development, providing significant adaptability for future owners. The existing structure is well-designed and boasts a desirable location within the vibrant Elkhorn community. Currently, the upper level is occupied by a month-to-month tenant, offering immediate income potential or the possibility of owner-occupancy upon lease expiration. The property's versatility, combined with its prime location and existing income stream, makes it an attractive proposition for investors seeking a strong return on investment or entrepreneurs looking to establish their business in a thriving area. The 1,800 square feet of space offers ample room for various business ventures or residential configurations. The 0.25-acre lot provides sufficient outdoor space for potential expansion or additional development. This property is ready for its next chapter, offering a blend of immediate income and long-term growth potential. Serious inquiries are encouraged.

• Alternative Use

  Use

  Valuation

  Residential

  $2,223,604

  Hospitality

  $2,036,810

  Educational

  $1,694,602

  Medical

  $1,752,882

  Retail

  $2,636,047

Location Insight

City

Elkhorn

County

Walworth

State

Wisconsin

Latitude

42.6715

Longitude

-88.5464

CBSA code

48580

CBSA name

WHITEWATER, WI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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