Listed by Mid-America Real Estate, Mid America Real Estate Milwaukee
$3,360,000
528 WELLS ST DELAFIELD WI 53018
Details
APN DELC-0793-001-005
Property Type Retail, Office
Sub Type Storefront
Square Footage 16,744
Net Rentable (SqFt) 14,493
Units 1
NOI $176,192
Occupancy 100%
Tenancy Multi
Brand/Tenant Wheel & Sprocket
Lease Type NN+
Year Built 1941
Buildings 1
Stories 1
Acreage 0.540
Parking Spaces 14 spaces
Parking Per SqFt 0.84
Investment Type Core
Tenant Credit Franchisee
Ground Lease No
The Retail House at Wells
Marketing description
The Retail House at Wells is a distinctive retail/office development located in the heart of historic downtown Delafield, Wisconsin. Positioned within one of Lake Country's most charming and supply-constrained downtown environments. The 16,744 SF retail building along Delafield’s signature street, houses highly known Wheel & Sprocket bike store, Bartelt Remodeling, Simply Natural Cleaners, Boutique Wealth Management and Fairy Face Aesthetic. Ideal for investors seeking a premium retail asset with a storied presence in one of Wisconsin’s most desirable downtowns.
Investment highlights
- 16,744 square feet of retail and office
- Asking Price of $3,360,000
- 2027 NOI of $176,192
- Multiple street-level entrances support flexible tenant configurations
- Updated mechanical systems minimizes future cap ex.
Listing Contacts
Listed by Mid-America Real Estate, Mid America Real Estate Milwaukee
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$176,192.00
$14,682.67/mo
Valuation Metrics
0
DSCR
5.24%
Cap Rate
5.24%
ROI
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Zoning
CBD-3 SpecialSpecial Campus
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View all 67 uses Last updated Dec 25, 2025 For deeper zoning details, reports are available at Zoneomics
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