1220 The StrandWaukesha, WI 53186

  • Mixed-use properties
  • 1,998 SF
For Sale
$299,900 View listing

Property Details for 1220 The Strand

Year built
1900
Lot size
0.16 AC
Property size (Sq ft)
1,998 SF
Zone code
B-1
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
WAKC1003009
APU
WAKC1003009

Description

This exceptional commercial property at 1220 The Strand in Waukesha, Wisconsin presents a compelling investment opportunity or owner-occupancy scenario. The building encompasses 2,400 square feet and sits on a 0.16-acre lot, offering ample parking. The main level features a fully equipped bar and restaurant, complete with a full hood vent system, ideally positioned in a high-traffic area of Waukesha. Currently leased on a month-to-month basis, the existing tenant expresses interest in remaining. Upstairs, a well-maintained three-bedroom apartment provides additional income potential. This unit is also currently leased. The entire building benefits from recently installed vinyl windows, enhancing energy efficiency and curb appeal. The combination of a thriving commercial space and a residential apartment makes this property a versatile and attractive investment, offering strong potential for both rental income and owner occupancy. The property's central location in Waukesha ensures high visibility and accessibility, making it an ideal choice for a variety of businesses and investors. This is a rare opportunity to acquire a well-situated, income-generating property in a desirable Wisconsin location.

1220 The Strand, Waukesha, Wisconsin

Location Insight

City
Waukesha
County
Waukesha
State
Wisconsin
Latitude
43.0181
Longitude
-88.2186
CBSA code
33340
CBSA name
MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN 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
$2,700
$52,300
$126,800
$179,100
-
-
-
$185,423

FAQs

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