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21 E Walworth St
Elkhorn, WI 53121
Retail Property For Sale

Investment Highlights

  • Multi-tenant mixed-use property located in the heart of Downtown Elkhorn, offering excellent visibility and storefront exposure along East Walworth St
  • Features 7,500 SF showroom and multiple flexible suites.
  • Significant upside with 70% vacancy for owner-occupant or investor.
  • On-site parking and prime signage on facade.

Executive Summary

21 E. Walworth Street presents a rare opportunity to acquire a well-maintained mixed-use commercial property in the heart of downtown Elkhorn, Wisconsin. The property offers significant upside through lease-up, or owner-occupancy, with approximately 70% of the building currently vacant. The primary vacancy consists of a highly visible 7,700 SF showroom space, creating an ideal opportunity for an owner occupant, traditional showroom retailer or service business, seeking a prominent downtown presence. Additional available suites range from approximately 300 SF to 1,500 SF and offer flexible storefront, office, or service-oriented uses. Professionally managed and carefully maintained throughout ownership, the property provides a solid foundation for an investor seeking to increase occupancy and cash flow or an owner-occupant looking to control their real estate while benefiting from supplemental rental income.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
20,000 SF
Building Class
C
Year Built
1968
Price
$765,000
Price Per SF
$38.25
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.50
Lot Size
0.92 AC
Zoning
B1 - Central Business District
Parking
13 Spaces (0.65 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • YOP00227
  • YOP00193
Land Assessment
$94,400
Improvements Assessment
$1,231,100
Total Assessment
$1,325,500
  • Listing ID: 41226127

  • Date on Market: 7/9/2026

  • Last Updated:

  • Address: 21 E Walworth St, Elkhorn, WI 53121

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