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N50W35057 Wisconsin Ave 23,000 SF Specialty Building Offered at $2,150,000 in Oconomowoc, WI 53066
Investment Highlights
- The property is configured with both B-2 and R-3 zoning classifications, allowing for a range of planning considerations.
- Municipal water and sewer infrastructure serve the property, supporting existing building operations and site functionality.
- The location within downtown Okauchee places the property near established commercial activity, local services, and area transportation routes.
- The existing lease remains in place through June 30, 2029, providing defined occupancy terms for future ownership.
- The building features masonry block construction and is equipped with gas forced-air heating and air conditioning throughout.
- The site includes a dedicated parking field, with the front-row parking area owned and maintained by the Town of Oconomowoc.
Executive Summary
A great opportunity for investment and future development in downtown Okauchee. Building is currently leased through June 2029.
N50 W35057 Wisconsin Avenue in Okauchee, Wisconsin, is a 23,000-square-foot investment property situated on approximately 5.1 acres in downtown Okauchee. The property is constructed of masonry block and is served by municipal water and sewer utilities. Building systems include gas forced-air heat, air conditioning throughout, and fluorescent lighting. The site is zoned B-2 (Local Business) and R-3 (Residential). The current lease term extends through June 30, 2029. The front-row parking area is owned by the Town of Oconomowoc, and the property is currently identified as tax-exempt.
N50 W35057 Wisconsin Avenue in Okauchee, Wisconsin, is a 23,000-square-foot investment property situated on approximately 5.1 acres in downtown Okauchee. The property is constructed of masonry block and is served by municipal water and sewer utilities. Building systems include gas forced-air heat, air conditioning throughout, and fluorescent lighting. The site is zoned B-2 (Local Business) and R-3 (Residential). The current lease term extends through June 30, 2029. The front-row parking area is owned by the Town of Oconomowoc, and the property is currently identified as tax-exempt.
Property Facts
| Price | $2,150,000 | Lot Size | 5.00 AC |
| Price Per SF | $93.48 | Building Size | 23,000 SF |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1960/2025 |
| Property Subtype | School | Parcel Number | OCOT-0572-035-002 |
| Building Class | C | ||
| Zoning | B-2 and R-3 - Local Business and Residential | ||
| Price | $2,150,000 |
| Price Per SF | $93.48 |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 5.00 AC |
| Building Size | 23,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1960/2025 |
| Zoning | B-2 and R-3 - Local Business and Residential |
| Parcel Number | OCOT-0572-035-002 |
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Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
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