209 Milwaukee StWaterford, WI 53185

Property Details for 209 Milwaukee St

Lot size

2.36 AC

Property type

Commercial real estate

APN

191 041936066000

APU

191041936066000

Description

This exceptional investment opportunity presents a 19,980-square-foot flex space located at 209 N Milwaukee Street in Waterford, Wisconsin. The property, built in 1972, sits on a 2.36-acre lot and boasts a prime retail location directly on the main thoroughfare of Waterford's business district. Currently operating under a two-year lease (commencing November 30, 2023) with 100% occupancy, this single-tenant building offers a stable income stream. The lease is a NNN (Net, Net, Net) type. Features include a 16-foot ceiling height, one 8-foot overhead drive-in door, and ample parking with 50 spaces. The property also benefits from an existing sprinkler system. Its strategic location provides easy access to major highways, including Highways 36, 164, 20, and 83, all within approximately one mile. Seller financing is available. The asking price is $1,500,000, translating to $75.08 per square foot. The property's APN is 191041936066000.

• Alternative Use

  Use

  Valuation

  Residential

  $21,246,490

  Hospitality

  $19,461,670

  Educational

  $16,191,881

  Medical

  $16,748,745

  Retail

  $25,187,370

Location Insight

City

Waterford

County

Racine

State

Wisconsin

Latitude

42.7649

Longitude

-88.2086

CBSA code

39540

CBSA name

RACINE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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