W230S8775 Clark St
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W230S8775 Clark St
2,400 SF Office Building Big Bend, WI 53103 $399,900 ($167/SF) 10.13% Cap Rate
Investment Highlights
- Versatile building for owner occupants, investors, or both.
- Rare offering in Eastern Waukesha County
- Renovation completed in 2024 - Turn key residential unit and commercial space.
Executive Summary
Updated, turn key, and versatile mixed-use building offers many options for investors & owner occupants. The upper three-bedroom residential unit is completely updated with a new kitchen boasting granite counters, tile backsplash, & sleek new SS appliances; large living room w/fireplace, updated full bath w/granite top vanity, and fresh paint & new carpet/LVP throughout. The lower unit is an office space with fresh paint, new carpet, three offices, conference room, and an updated full bathroom. Newer roof ('20) & many windows ('21), updated electric ('22). Business owners, run your business from the lower & live in or collect rent from the upper. Investors, buy to rent both units! Off-street parking for five cars between two parking areas & storage via the shed. Highly visible location.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,400 SF
Building Class
C
Year Built/Renovated
1960/2023
Price
$399,900
Price Per SF
$167
Cap Rate
10.13%
NOI
$40,517
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,200 SF
Building FAR
0.18
Land Acres
0.30 AC
Zoning
G2 - Commercial
Parking
7 Spaces (2.92 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Number | BBV-2105-991 | Improvements Assessment | $184,000 |
Land Assessment | $69,000 | Total Assessment | $253,000 |
PROPERTY TAXES
Parcel Number
BBV-2105-991
Land Assessment
$69,000
Improvements Assessment
$184,000
Total Assessment
$253,000
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W230S8775 Clark St
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