Presented by...
Carolyn Doering
Mobile: (608) 284-0277
[email protected]

 Property Type Business/Commercial
 Parcel # OCOT0572982
 County Waukesha
 Sub Area Y01
 Municipality Oconomowoc
 MLS# 1932323
 Listing Date 04/21/2022

MLS Public Remarks  Two buildings in the heart of Okauchee (Town of Oconomowoc) on a corner lot across the street from fire department. Near a park, school, churches, restaurants and public lake access. *Property includes a large building containing one office space, one retail space and two apartments for a total of approximately 3,850 sq.ft. with an unfinished basement of 2,115 sq. ft. and a detached two car garage. Each of the four spaces have their own private entrances. *The property also includes the Okauchee Post Office totaling 1,500 sq. ft. There is a 5 year lease for the post office. *Several recent updates/repairs made. Excellent earning potential!
Documents and Related Links  
1) Condition report refusal document
LOCATION  
  • Location  Town
  • Other Marketing Area  
  • Mailing City  Oconomowoc
  • C/T/V  Town
  • Unit #  
  • Directions  At The Traffic Circle On West Lake Drive Go West On E Wisconsin Ave. Property On Left. 2 Buildings. (okauchee Is Village Name)
  • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $9
  • Total Units/Bldg  2
  • Building Gross SqFt  1,500
  • Net Leasable SqFt  1,500
  • Year Built  1960
  • Source for Year Built  Slr
  • Approx Bldg Dimen  30 x 50
  • Street Frontage  147
  • Parking Fees/Mo.  $0
  • Onsite Parking  16
  • # of Stories  1
  • Ceiling Height Min  12
  • Ceiling Height Max  14
  • Number of Loading Docks  1

  • Zoning  com
  • Est. Total Acres  0.43
  • Source Of Est Acres  PubR
  • Lot Dimensions  147.68
  • Owner  
  • Tradename  
  • ASSESSMENT & TAXES  
  • Land Assessment  $79,800
  • Assessment Year  2021
  • Net Taxes  $8,152
  • Tax Year  2021
  • Improvements  $243,200
  • Total Assessment  $323,000
  • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $0
  • Annual Operating Exp  $0
  • Net Operating Income  $0
  • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 5 year 04/30/2026 Yes $13,765 $9 $0 1,500
    2 Comm/Res 4 0 Yes $28,200 $0 $0 3,850
    3 - 0 0 $0 $0 $0 0
    Items Included Upper and lower unit stoves, refrigerators. Basement stove.
    Items Excluded  Water softener rented.
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Radiant
  • Water/Waste  Joint well, Municipal sewer
  • Basement  Block foundation, Full, Poured concrete foundatn, Walkout/Outside entrance
  • Fuel  Natural gas
  • Seating Capacity  
  • EXTERIOR FEATURES  
  • Type   Apartment building, Office, Retail, Service
  • Exterior Treatment  Block, Brick, Steel, Stucco
  • Building Parking  11-20 spaces, Gravel, Onsite, Paved
  • Roofing  Composition, Partially flat, Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
  • OTHER FEATURES  
  • Documents on File  
  • Location  Business district, Corner, Free standing, Near Major Highway
  • Tenant Pays  Electric, Sewer
  • Present Use  Apartment building, Office, Retail
  • Licenses  
  • Lease Type  Month to month, Multiple years
  • Occupied by  Tenant(s)
  • Sale Includes  N/A
  • Features  Display window, Inside storage, Outside storage, Private Restrooms, Residential unit(s)



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Clark'S Realty Llc