N56W21318 Silver Spring Dr - The Preserve at Silver Spring
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N56W21318 Silver Spring Dr - The Preserve at Silver Spring
35,000 SF Specialty Building Offered For Sale in Menomonee Falls, WI 53051
INVESTMENT HIGHLIGHTS
- Turn-Key Banquet & Conference Facility in Beautiful Setting
- Prime Location with Exceptional Demographics
- Opportunity to Reimagine Existing Facility or Redevelop Site
EXECUTIVE SUMMARY
Turn-Key Banquet & Conference Facility in Beautiful Setting
- Full service commercial kitchen with significant cooler and freezer capacity
- Four (4) unique event areas including the Tremont Ballroom, capable of seating up to 450 guests, the Element Restaurant offering beautiful panoramic views and a connected outdoor patio, a rooftop terrace, and a lower-level wine-cellar complete with a full bar
- The Property offers a true plug-and-play user opportunity for restaurant and event center operators
Opportunity to Reimagine Existing Facility or Redevelop Site
- Formerly part of a full-length 18-hole golf course, the Property offers the potential to acquire and maintain three (3) golf holes that could be used for training or leisure
- Ability to transform into a year-round golf training facility with exterior golf infrastructure already in-place and ample interior space to install simulator bays
- Offering includes approximately 10-AC with additional land available if desired – providing ample space for a full redevelopment
Prime Location with Exceptional Demographics
- Situated along Silver Spring Drive, one of the area’s main thoroughfares with approximately 8,400 vehicles per day (“VPD”)
- Centrally positioned within Menomonee Falls, the Property is surrounded by an ample supply of executive housing stock and boasts an average household income of $175,522 within a 1-mile radius
- Over 77,000 people within a 5-mile radius of the Property
- Full service commercial kitchen with significant cooler and freezer capacity
- Four (4) unique event areas including the Tremont Ballroom, capable of seating up to 450 guests, the Element Restaurant offering beautiful panoramic views and a connected outdoor patio, a rooftop terrace, and a lower-level wine-cellar complete with a full bar
- The Property offers a true plug-and-play user opportunity for restaurant and event center operators
Opportunity to Reimagine Existing Facility or Redevelop Site
- Formerly part of a full-length 18-hole golf course, the Property offers the potential to acquire and maintain three (3) golf holes that could be used for training or leisure
- Ability to transform into a year-round golf training facility with exterior golf infrastructure already in-place and ample interior space to install simulator bays
- Offering includes approximately 10-AC with additional land available if desired – providing ample space for a full redevelopment
Prime Location with Exceptional Demographics
- Situated along Silver Spring Drive, one of the area’s main thoroughfares with approximately 8,400 vehicles per day (“VPD”)
- Centrally positioned within Menomonee Falls, the Property is surrounded by an ample supply of executive housing stock and boasts an average household income of $175,522 within a 1-mile radius
- Over 77,000 people within a 5-mile radius of the Property
PROPERTY FACTS
| Sale Type | Investment | Building Size | 35,000 SF |
| Property Type | Specialty | Number of Floors | 2 |
| Property Subtype | Lodge/Meeting Hall | Year Built | 1985 |
| Building Class | B | Parking Ratio | 5.71/1,000 SF |
| Lot Size | 10.00 AC |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Lodge/Meeting Hall |
| Building Class | B |
| Lot Size | 10.00 AC |
| Building Size | 35,000 SF |
| Number of Floors | 2 |
| Year Built | 1985 |
| Parking Ratio | 5.71/1,000 SF |
PROPERTY TAXES
| Parcel Number | MNFV-0120-991-001 | Improvements Assessment | £967,020 |
| Land Assessment | £2,017,522 | Total Assessment | £2,984,542 |
PROPERTY TAXES
Parcel Number
MNFV-0120-991-001
Land Assessment
£2,017,522
Improvements Assessment
£967,020
Total Assessment
£2,984,542
ZONING
| Zoning Code | PRD (Planned Residential District) |
| PRD (Planned Residential District) |
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