N50W35057 Wisconsin Ave - Schools FOR SALE


Oconomowoc, WI 53066
$2,150,000 USD
262-695-8800
N50W35057 Wisconsin Ave, Oconomowoc, WI for Sale
$2,150,000 USD
Schools - FOR SALE
1/5
null | Request Cap Rate

N50W35057 Wisconsin Ave
Oconomowoc, WI 53066


HIGHLIGHTS

  • The property is configured with both B-2 and R-3 zoning classifications, allowing for a range of planning considerations.
  • The existing lease remains in place through June 30, 2029, providing defined occupancy terms for future ownership.
  • Municipal water and sewer infrastructure serve the property, supporting existing building operations and site functionality.
  • The building features masonry block construction and is equipped with gas forced-air heating and air conditioning throughout.
  • The location within downtown Okauchee places the property near established commercial activity, local services, and area transportation routes.
  • The site includes a dedicated parking field, with the front-row parking area owned and maintained by the Town of Oconomowoc.

OVERVIEW

A great opportunity for investment and future development in downtown Okauchee. Building is currently leased through June 2029. N50 W35057 Wisconsin Avenue in Okauchee, Wisconsin, is a 23,000-square-foot investment property situated on approximately 5.1 acres in downtown Okauchee. The property is constructed of masonry block and is served by municipal water and sewer utilities. Building systems include gas forced-air heat, air conditioning throughout, and fluorescent lighting. The site is zoned B-2 (Local Business) and R-3 (Residential). The current lease term extends through June 30, 2029. The front-row parking area is owned by the Town of Oconomowoc, and the property is currently identified as tax-exempt.

FOR SALE DETAILS

PRICE

$2,150,000 USD

PRICE/SF

$93 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Schools

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5 AC

LAND SF

217,800 SF

ZONING

B-2 and R-3

APN/PARCEL ID

OCOT-0572-035-002

ASK ABOUT THIS PROPERTY

Matt JudsonJudson & Associates, S.C.More Info
262-695-8800

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

Matt JudsonJudson & Associates, S.C.More Info
262-695-8800

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