501 Commercial CtLake Geneva, WI 53147

  • Other commercial real estate
  • 1.80 AC
For Sale
$1,229,000 View listing

Property Details for 501 Commercial Ct

Lot size
1.80 AC
Property type
Other commercial real estate
APN
ZCOM 00003
APU
ZCOM00003

Description

This exceptional 9,828 square foot Class A flex space in Lake Geneva, Wisconsin, presents a unique owner-user opportunity. Located within the Planned Business Park on a 1.8-acre lot, this two-story building boasts 6,964 square feet of office space and a 2,864 square foot warehouse. The office area features ten private offices, collaborative workspaces, a conference room, and ample storage. The warehouse includes a loading dock and drive-in overhead door, with potential for expansion. Built in 1998, the property offers 24 parking spaces and a 12-foot ceiling height. Its prime location offers employees easy access to Veterans Park, featuring walking trails and recreational fields. The asking price is $1,229,000, translating to $125.05 per square foot. This property is zoned for Planned Business Park use and includes one building with a single unit. The property's convenient amenities and expansive space make it ideal for a variety of businesses seeking a blend of office and warehouse functionality. The serene setting near a retention pond adds to the appeal of this exceptional commercial property. This is a rare opportunity to acquire a well-maintained, versatile property in a desirable location. The property's APN is ZCOM 00003.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $16,204,887
    Hospitality
    $14,843,589
    Educational
    $12,349,692
    Medical
    $12,774,417
    Retail
    $19,210,632
501 Commercial Ct, Lake Geneva, Wisconsin

Location Insight

City
Lake Geneva
County
Walworth
State
Wisconsin
Latitude
42.5867
Longitude
-88.4099
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
$14,022
$158,500
$941,000
$1,099,500
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