203 N Wisconsin St - Storefront Retail/Residential FOR SALE


Port Washington, WI 53074
$1,250,000 USD
414-908-9165
203 N Wisconsin St, Port Washington, WI for Sale
$1,250,000 USD
Storefront Retail/Residential - FOR SALE
1/12
null | Request Cap Rate

203 N Wisconsin St
Port Washington, WI 53074


HIGHLIGHTS

  • Rare Mixed-use landmark property on a irreplaceable downtown corner.
  • Significant adaptive reuse potential.
  • Strong lakefront market fundamentals. Flexible zoning and on-site parking.
  • Immediate residential upside.

OVERVIEW

Positioned at the highly visible corner of North Wisconsin Street and West Main Street, the property sits immediately adjacent to the Ozaukee County Administration Center. The property totals approximately 18,500 square feet across multiple structures and parcels, anchored by a ~16,500-square-foot primary building and an adjacent ~2,000-square-foot residential building. The residential component comprises five multifamily units that provide immediate in-place income with meaningful rent growth potential. Three units are currently leased at rents substantially below prevailing market levels, creating a clear mark-to-market opportunity upon renewal. Two additional units within the main building are vacant and lease-ready, allowing for immediate stabilization or repositioning to align with current rental demand. Beyond the residential units, a substantial portion of the building remains available for adaptive reuse. The property’s flexible interior configuration and prominent downtown location support a variety of commercial uses—including boutique retail, office, hospitality, and experiential concepts—allowing investors to curate a dynamic mixed-use environment aligned with the continued growth of downtown Port Washington

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

CROSS STREETS

W Main St

LAND ACRES

0.33 AC

LAND SF

14,374 SF

ZONING

B4

APN/PARCEL ID

160981909000,160981910000,160981911000

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.