4121 Wilson DrShorewood, WI 53211

Property Details for 4121 Wilson Dr

Year built

1940

Lot size

0.55 AC

Property size (Sq ft)

2,288 SF

Property type

Bars

Property subtype

Pubs

APN

240-9979-000

APU

2409979000

Description

This exceptional 4,404-square-foot retail/office building presents a unique investment opportunity in the desirable Shorewood, Wisconsin market. Located at 4121 N Wilson Dr, 53211, this property boasts a prime location and sits on a 0.55-acre lot. Originally constructed in 1940, the building underwent a complete renovation in 2021, ensuring modern functionality and aesthetics. The building is zoned B3, offering flexibility for a variety of uses. Currently configured as a restaurant, the space is ideal for an owner-user occupant seeking a high-visibility location. The asking price is $1,350,000, translating to $306.54 per square foot. The property features a recently installed ADA-compliant wheelchair lift, enhancing accessibility. Its convenient proximity to the Oak Leaf Trail adds to its appeal, providing easy access for both employees and customers. This is a rare opportunity to acquire a well-maintained, updated commercial property in a thriving Wisconsin community. The property's combination of location, size, and recent renovations makes it an attractive investment for discerning buyers.

• CAP approach

  CAP return

  Valuation

  6%

  $607,295

  6.5%

  $560,580

  7%

  $520,538

• Comparable approach

  Method

  Valuation

  Relative Method

  $585,358

  Geo Method

  $750,990

• Alternative Use

  Use

  Valuation

  Residential

  $472,870

  Hospitality

  $433,146

  Educational

  $360,373

  Medical

  $372,766

  Retail

  $560,580

Location Insight

City

Shorewood

County

Milwaukee

State

Wisconsin

Latitude

43.0908

Longitude

-87.8965

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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