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Investment Highlights

  • Rare Mixed-use landmark property on a irreplaceable downtown corner.
  • Strong lakefront market fundamentals. Flexible zoning and on-site parking.
  • Significant adaptive reuse potential.
  • Immediate residential upside.

Executive Summary

Positioned at the highly visible corner of North Wisconsin Street and West Main Street, the property sits immediately adjacent to the Ozaukee County Administration Center.
The property totals approximately 18,500 square feet across multiple structures and parcels, anchored by a ~16,500-square-foot primary building and an adjacent ~2,000-square-foot residential building. The residential component comprises five multifamily units that provide immediate in-place income with meaningful rent growth potential. Three units are currently leased at rents substantially below prevailing market levels, creating a clear mark-to-market opportunity upon renewal. Two additional units within the main building are vacant and lease-ready, allowing for immediate stabilization or repositioning to align with current rental demand.
Beyond the residential units, a substantial portion of the building remains available for adaptive reuse. The property’s flexible interior configuration and prominent downtown location support a variety of commercial uses—including boutique retail, office, hospitality, and experiential concepts—allowing investors to curate a dynamic mixed-use environment aligned with the continued growth of downtown Port Washington

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
18,500 SF
Building Class
B
Year Built
1940
Price
$1,769,662 CAD
Price Per SF
$95.66 CAD
Tenancy
Single
Building Height
2 Stories
Slab To Slab
10’
Building FAR
1.29
Lot Size
0.33 AC
Zoning
B4 - Central Business
Parking
52 Spaces (2.81 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Signage
Fairly walkable
40/100
Exceptionally drivable
90/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 160981909000
  • 160981910000
  • 160981911000
Land Assessment
$483,582 CAD
Improvements Assessment
$1,288,855 CAD
Total Assessment
$1,772,437 CAD
  • Listing ID: 39789418

  • Date on Market: 2026-03-16

  • Last Updated:

  • Address: 203 N Wisconsin St, Port Washington, WI 53074

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