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25630 75th St

1,288 SF Retail Building Salem, WI 53168 $302,006 CAD ($234 CAD/SF) 5.72% Cap Rate

Retail Space Wisconsin Salem 25630 75th St, Salem, WI 53168

Investment Highlights

  • High profile site located along 75th Street (STH 50) just west of 256th Avenue (STH 75).
  • 23,528 population within a five (5) mile radius making an average household income of $97,443.
  • Currently leased by a tenant on month-to-month lease with an annual gross income of $12,300.
  • A curb cut access point services the site along 75th Street (STH 50).
  • Attached garage and full basement that could be finished for additional commercial uses.
  • New furnace and roof on the building.

Executive Summary

Single-story/single-tenant commercial property containing two private rooms, an open area and kitchen (property was built and currently utilized as a single-family home). Brand new furnace and roof on the structure within the past 12 months. Property is zoned B-3 Highway Business District and could be utilized for a residence or converted to some type of higher commercial or office use based on the existing zoning and high traffic and exposure along 75th Street (STH ''50''). Property is currently occupied by a tenant on a month to month lease.

Attachments

25630 - 75th Street - Marketing Brochure - 11-6-24

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
1,288 SF
Year Built
1954
Price
$302,006 CAD
Price Per SF
$234 CAD
Cap Rate
5.72%
NOI
$17,278 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Land Acres
0.30 AC
Zoning
B-3 - Highway business district
Parking
3 Spaces (2.33 Spaces per 1,000 SF Leased)
Frontage
111 ft on 75th Street
1 of 1
(262) 496-8883

  • Listing ID: 26932473

  • Date on Market: 2022-10-25

  • Last Updated:

  • Address: 25630 75th St, Salem, WI 53168

The Retail Property at 25630 75th St, Salem, WI 53168 is currently available For Sale. Contact Pitts Brothers & Associates LLC for more information.

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25630 75th St
(262) 496-8883 x

25630 75th St

1/3

Andy Pitts

(262) 496-8883

(262) 496-8883

Robert Pitts

(262) 654-4900

x105

(262) 654-4900 x105

Mike Pitts

(262) 654-4900

(262) 654-4900

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