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723 Division St 0.53 Acres of Commercial Land Offered at $1,215,410 CAD in Delafield, WI 53018
Investment Highlights
- Downtown Business District
- Walking Distance to Shops and Restaurants
- Commercial or Residential Development Opportunity
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $1,215,410 CAD | Lot Size | 0.53 AC |
| Price Per AC | $2,293,226.48 CAD |
| Price | $1,215,410 CAD |
| Price Per AC | $2,293,226.48 CAD |
| Lot Size | 0.53 AC |
3 contiguous lots in Downtown Delafield. Zoned CBD-2 allowing single-family, two-family or potentially commercial buildings. Build 3 duplexes, 3 single family homes, or your next office in the most sought after city in Lake Country.
Description
This is an opportunity to own 3 separate parcels in Downtown Delafield totaling just over .50 acres of land, where you can build a variety of residential or commercial structures given the flexibility of CBD-2 zoning. These 3 lots are across the street from Delafield's latest condo project (805 Wells Street) where the 6 condo units in that development are currently being built and listed for $1.5M each. This is an opportunity to create a work-live duplex building on one lot, while still have two additional lots to develop in the future. Or you could propose a multi-tenant professional services building or condo development, and create a CSM proposal to combine and develop all three lots at one time. The uniqueness is having three separate buildable lots in Downtown Delafield. The lots will not be sold separately, they will only be sold as one package.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $441,622 CAD | Total Assessment | $441,622 CAD |
Property Taxes
Presented by
Lake Vida LLC
723 Division St
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