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118 E Pulaski St 23,951 SF 80% Leased Retail Building Pulaski, WI 54162 $550,000 ($22.96/SF) 9% Cap Rate
Executive Summary
Motivated Seller! Prime investment opportunity with over 23,000 sq ft of commercial space in a high-visibility location! This property is home to four established businesses and one owner operated space plus a versatile 2,200 sq ft rental unit and an 800 sq ft recreation room. Flexible floor plans, parking, and good rental history make this an attractive option for both owner-occupiers and investors. The mix of retail, office, and recreational space offers diverse income streams with potential for future growth.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$68,000
|
$2.84
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$68,000
|
$2.84
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$15,000
|
$0.63
|
| Net Operating Income |
$53,000
|
$2.21
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $68,000 |
| Annual Per SF | $2.84 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $68,000 |
| Annual Per SF | $2.84 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $15,000 |
| Annual Per SF | $0.63 |
| Net Operating Income | |
|---|---|
| Annual | $53,000 |
| Annual Per SF | $2.21 |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
23,951 SF
Building Class
C
Year Built
1900
Price
$550,000
Price Per SF
$22.96
Cap Rate
9%
NOI
$49,500
Percent Leased
80%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.45
Lot Size
0.38 AC
Zoning
G2 - Commercial
Parking
4 Spaces (0.17 Spaces per 1,000 SF Leased)
Frontage
80’ on HIGHWAY 32
Amenities
- Signage
- Storage Space
Nearby Major Retailers
Property Taxes
| Parcel Number | VP-49-1 | Improvements Assessment | $240,600 (2024) |
| Land Assessment | $44,100 (2024) | Total Assessment | $284,700 (2024) |
Property Taxes
Parcel Number
VP-49-1
Land Assessment
$44,100 (2024)
Improvements Assessment
$240,600 (2024)
Total Assessment
$284,700 (2024)
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118 E Pulaski St
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