1003-1005 Washington St - Storefront Retail/Office FOR SALE


Grafton, WI 53024
$1,600,000 USD
414-908-9165
1003-1005 Washington St, Grafton, WI for Sale
$1,600,000 USD
Storefront Retail/Office - FOR SALE
1/3
null | 7.7% Cap Rate

1003-1005 Washington St
Grafton, WI 53024


OVERVIEW

Newmark is pleased to present Washington Place, a 100% fee simple, stabilized neighborhood retail investment located at 1003–1005 Washington Street in Grafton, Wisconsin. The +/- 11,000 SF asset is strategically positioned along the State Highway 60 trade corridor, just 1.5 miles west of Interstate 43 and within blocks of Downtown Grafton, one of Ozaukee County’s most active and rapidly evolving mixed-use districts. The property benefits from strong visibility, dual ingress/egress, and consistent traffic volumes, supported by its proximity to the signalized intersection of Highway 60 and Highway O (12th Avenue). Washington Place serves as a daily-needs retail destination anchored by necessity-based tenancy and reinforced by surrounding residential density, employment centers, and ongoing downtown investment. Anchored by Little Friends Learning Center, a tenant with nearly 25 years of continuous occupancy, the asset demonstrates durable tenancy, long-term market relevance, and historically stable cash flow.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$145 USD /SF

CAP RATE

7.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Washington Place

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,326 SF

ZONING

C1

APN/PARCEL ID

101080409002

ASK ABOUT THIS PROPERTY

Michael WirthNewmarkMore Info
414-908-9165

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Michael WirthNewmarkMore Info
414-908-9165

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.