www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
23852336
23852351

1625 US-61, Lancaster, WI 53813

Altus Commercial Real Estate
CB
Wi 111143
Altus Commercial Real Estate
Listed by Altus Commercial Real Estate
$2,300,000
359 days on market
Updated 63 days ago

Former Shopko in Lancaster

Details
Property Type Retail
Sub Type Day Care/Nursery, Shopping Center
Square Footage 33,000
Units 2
Year Renovated 2024
Buildings 1
Stories 1
Parking Spaces spaces

Retail | 33,000 SF

Marketing description

This 33,000 sf property established on 4.2 acres directly off of US HWY 61 boasts lots of opportunity. Unit 1 is an 18,000 sf daycare fully built out in 2024 and permitted for 150 kids. Unit 2 is a 15,000 sf warehouse area with 14'-18' ceilings, a loading doc, overhead door and 3 phase power. Seller is willing to lease the warehouse space or sell it off as an industrial condo. Seller is also willing to sell off a piece of the parking lot to a QSR or Retail Center Developer.

All measurements are approximate, buyer to verify if material. There's a no compete and a first right of refusal with Gasser's True Value.

Investment highlights

33,000SF Property

4.2 Acres directly off US Hwy 61

Unit 1 18,000SF daycare built out in 2024 permitted for 150 kids

Unit 2 15,000SF warehouse area with 14-18’ ceilings

Loading doc, overhead door, 3 phase power

Unit 2 can be sold as industrial condo

Portion of parking lot can be sold to a QRS

Listing Contacts

Altus Commercial Real Estate
CB
Wi 111143
Altus Commercial Real Estate
Listed by Altus Commercial Real Estate

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591