690 W State St
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690 W State St
37,949 SF Retail Building Burlington, WI 53105 $4,500,000 ($119/SF)
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INVESTMENT HIGHLIGHTS
- Capitalize on a 37,949-square-foot retail property currently operating as a full-line grocery store with ample parking.
- Easily accessible and highly visible location with prime exposure to thousands of daily drivers along Burlington's main commercial corridor.
- Flexible opportunity to expand and renovate for light industrial or distribution use, benefitting from an open floor plan, 18' ceilings and two docks.
- Strategically positioned on the city's outer edge with convenience to State Route 36, the Burlington Bypass, and Interstate 43.
EXECUTIVE SUMMARY
690 W State Street offers the opportunity to own an expansive property located along the area's main commercial thoroughfare. This single-story, 37,949-square-foot retail property is currently operating as a full-line grocery store but can easily be expanded and renovated for light assembly, warehouse, or distribution use. The property features high 18-foot ceiling heights and two exterior loading docks. Situated on a spacious 8.3-acre site, 690 W State Street provides ample on-site parking or room for growth.
An established positioning along the main retail corridor of W State Street grants the property superior connectivity and visibility, enhancing its efficacy for a wide range of uses. 690 W State Street benefits from prominent signage opportunities with prime exposure to nearly 10,000 daily drivers.
Burlington is an up-and-coming southern Wisconsin city, offering scenic living with plenty to do just 35 miles southwest of Milwaukee. The city sits within a nexus of rivers, parks, and lakes and has a vibrant downtown area with historic buildings and quaint shops. Traveling in and out of town is easy, with quick connections to the area's two primary highways, State Route 36 and the Burlington Bypass, which delivers a seamless route to Interstate 43.
An established positioning along the main retail corridor of W State Street grants the property superior connectivity and visibility, enhancing its efficacy for a wide range of uses. 690 W State Street benefits from prominent signage opportunities with prime exposure to nearly 10,000 daily drivers.
Burlington is an up-and-coming southern Wisconsin city, offering scenic living with plenty to do just 35 miles southwest of Milwaukee. The city sits within a nexus of rivers, parks, and lakes and has a vibrant downtown area with historic buildings and quaint shops. Traveling in and out of town is easy, with quick connections to the area's two primary highways, State Route 36 and the Burlington Bypass, which delivers a seamless route to Interstate 43.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
37,949 SF
Building Class
C
Year Built
1989
Price
$4,500,000
Price Per SF
$119
Tenancy
Single
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.10
Lot Size
8.30 AC
Zoning
Industrial - Currently is a full-service grocery store
Parking
220 Spaces (5.8 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
4,772
13,105
21,649
38,805
2029 Population
4,715
13,077
21,556
38,585
2024-2029 Projected Population Growth
-1.2%
-0.2%
-0.4%
-0.6%
Median Age
39.9
41.0
42.8
44.0
College Degree + Higher
23%
27%
27%
19%
Daytime Employees
2,529
9,070
10,693
19,755
Total Businesses
294
996
1,196
2,262
Average Household Income
$91,139
$93,277
$98,590
$98,951
Median Household Income
$77,607
$80,529
$82,634
$82,509
Total Consumer Spending
$61.5M
$170.9M
$294.3M
$520M
2024 Households
1,949
5,344
8,772
15,409
Average Home Value
$256,089
$295,762
$313,525
$326,176
NEARBY AMENITIES
HOTELS |
|
|---|---|
| Hampton by Hilton |
54 rooms
5 min drive
|
| AmericInn |
50 rooms
10 min drive
|
PROPERTY TAXES
| Parcel Number | 206-031931012120 | Improvements Assessment | $2,402,600 (2024) |
| Land Assessment | $175,400 (2024) | Total Assessment | $2,578,000 (2024) |
PROPERTY TAXES
Parcel Number
206-031931012120
Land Assessment
$175,400 (2024)
Improvements Assessment
$2,402,600 (2024)
Total Assessment
$2,578,000 (2024)
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690 W State St
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