Reload the page to update with the latest MLS information available.

Reload the page to update with the latest MLS information available.

Reload the page to update with the latest MLS information available.

3850 S Moorland Rd | 1947691 | First Weber REALTORS
Listing provided courtesy of Stark Company, REALTORS - MLS#1947691MLS Provider
Contact Information: Pref: 608-616-0449

3850 S Moorland Rd

New Berlin, WI 53151
Commercial · 0.52 Acres

$850,000 Active

Overview

Time on Site:
103 days
Visits:
6

Incredible ownership or investment opportunity on one of New Berlin's busiest and high visibility streets! Previously an incredibly lucrative hair salon business, this property boasts high earning potential, with a traffic count of over 31,000 cars passing each day and near countless businesses, including Sendiks, Moorland Sq Shopping Center, Qdoba, Starbucks, and Kwik Trip. Investors will love the welcoming entrance, the updated and spacious 2,300 sq ft of open business space, the flexible office spaces in the back, and the earning potential with residential leases upstairs. Tenants have access to their own personal garage spaces, balconies, and back entrance.

View Map

Facts & Features

  • Type Commercial
  • Lot 0.52 Acres

General

Income/Expenses
  • Operating Expense: 0
  • Net Operating Income: 0
Listing Information
  • Sale Includes: Lease(s), Other
Building Information
  • Fuel: Natural gas
  • Water/Waste: Municipal water, Well
  • Year Built: 1968
Business Information
  • Current Use: Office, Service, Beauty/barber shop, Apartment building, Living quarters
Location/Region
  • Postal City: New Berlin
  • County Or Parish: Waukesha
Parking Information
  • Parking Fees/Mo.: 0
Rent/Lease Information
  • Lease Type: Month to month
  • Tenant Pays: Electric
Tax Information
  • Tax Year: 2021
  • Tax Annual Amount: $0.00
  • Tax Assessed Value: $640,200.00
General Information
  • Exclusions: Water softener leased.
  • Features: Public rest rooms, Residential unit(s), Reception area, Display window, Security system, Inside storage, Outside storage, Private office(s)
  • Inclusions: 2 washer, 2 dryers, 4 refrigerators, 3 stove/ranges, 1 dishwasher.
  • Type: Office, Service, Beauty/barber, Apartment building
  • Zoning: B2
  • Business Sale: No
  • Parcel Number: 1207984001
  • Property Type: Business/Comm
  • Property Sub Type: Business/Commercial

Interior

Building Information
  • Heating/Cooling: Forced air, Central air, Other, Wall AC
Building Interior
  • Building Area Source: Assessor
  • Building Area Total: 5792
  • Ceiling Height Max: 0
  • Ceiling Height Min: 0
General Information
  • Basement: Slab/None
  • Stories Total: 2

Exterior

Parking Information
  • Onsite Parking: 21-35
  • Parking Features: 21-35 spaces, Onsite, Paved
Lot Information
  • Street Frontage: 0
  • Lot Size Acres: 0.52
  • Lot Size Source: Assessor
Building Exterior/Construction
  • Roof: Composition
  • Construction Materials: Wood, Brick, Block

Neighborhood

Community

53151 (New Berlin) Demographics
45
Median Age
1,794
Population Density (per sq. mile)
57%
College Educated
$85,429
Estimated Median Income
10,012
Estimated Total Home Owners
3,574
Estimated Total Renters
74% / 26%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

Elementary Schools
5
Public
Elmwood Elementary
  • Grades: PK - 6
  • Enrollment: 575
1
Public
Hoover Elementary
  • Grades: PK - 5
  • Enrollment: 405
3
Public
Orchard Lane Elementary
  • Grades: PK - 6
  • Enrollment: 484
4
Public
Ronald Reagan Elementary
  • Grades: PK - 6
  • Enrollment: 630
Middle Schools
5
Public
Eisenhower Middle/High
  • Grades: 7 - 12 /
  • Enrollment: 1,095
5
Public
Elmwood Elementary
  • Grades: PK - 6 /
  • Enrollment: 575
3
Public
Orchard Lane Elementary
  • Grades: PK - 6 /
  • Enrollment: 484
4
Public
Ronald Reagan Elementary
  • Grades: PK - 6 /
  • Enrollment: 630
High Schools
5
Public
Eisenhower Middle/High
  • Grades: 7 - 12 /
  • Enrollment: 1,095
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
**Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.

Market Data

Based on the last 30 days in this zip code

$500,279
Median Sales Price
$201
Median Price per Square Foot
0
Properties Sold
15
New on Market
48
Average Days on Market
30
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value
2/23/2023Source: South Central Wisconsin MLS Price Reduction
$1,000,000 -15.0%
12/8/2022Source: South Central Wisconsin MLS Added to Database