21 E Walworth St - Storefront Retail/Office FOR SALE


Elkhorn, WI 53121
$765,000 USD
262-312-4865
21 E Walworth St, Elkhorn, WI for Sale
$765,000 USD
Storefront Retail/Office - FOR SALE
1/4
null | Request Cap Rate

21 E Walworth St
Elkhorn, WI 53121


HIGHLIGHTS

  • Multi-tenant mixed-use property located in the heart of Downtown Elkhorn, offering excellent visibility and storefront exposure along East Walworth St
  • Significant upside with 70% vacancy for owner-occupant or investor.
  • Features 7,500 SF showroom and multiple flexible suites.
  • On-site parking and prime signage on facade.

OVERVIEW

21 E. Walworth Street presents a rare opportunity to acquire a well-maintained mixed-use commercial property in the heart of downtown Elkhorn, Wisconsin. The property offers significant upside through lease-up, or owner-occupancy, with approximately 70% of the building currently vacant. The primary vacancy consists of a highly visible 7,700 SF showroom space, creating an ideal opportunity for an owner occupant, traditional showroom retailer or service business, seeking a prominent downtown presence. Additional available suites range from approximately 300 SF to 1,500 SF and offer flexible storefront, office, or service-oriented uses. Professionally managed and carefully maintained throughout ownership, the property provides a solid foundation for an investor seeking to increase occupancy and cash flow or an owner-occupant looking to control their real estate while benefiting from supplemental rental income.

FOR SALE DETAILS

PRICE

$765,000 USD

PRICE/SF

$38 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.92 AC

LAND SF

40,001 SF

ZONING

B1

APN/PARCEL ID

YOP00193,YOP00227

ASK ABOUT THIS PROPERTY

Luke FehrenbachOgden & Company, Inc.More Info
262-312-4865

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Luke FehrenbachOgden & Company, Inc.More Info
262-312-4865

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