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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)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
BBV-2105-991
Land Assessment
$69,000
Improvements Assessment
$184,000
Total Assessment
$253,000
  • Listing ID: 33287610

  • Date on Market: 9/24/2024

  • Last Updated:

  • Address: W230S8775 Clark St, Big Bend, WI 53103

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