Contact: Todd E. Lindblom
Regional Manager, Milwaukee
LAKE GENEVA, WI, November 18, 2020 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Fancy Fair Mall, a 14,379-square foot retail property located in Lake Geneva, WI, according to Todd E. Lindblom, regional manager of the firm’s Milwaukee office. The asset sold for $1,800,000.
Jeff R. Rowlett and Kelly Flowers, investment specialists in Marcus & Millichap’s Milwaukee office, had the exclusive listing to market the property on behalf of the seller, a limited liability company. The buyer, a limited liability company, was secured and represented by Jeff R. Rowlett, an investment specialist in Marcus & Millichap’s Milwaukee office
Fancy Fair Mall is located at 812 & 830 W Main St in Lake Geneva, WI. “This sale was a rare opportunity to acquire real estate in the heart of downtown Lake Geneva. The property is currently over 97% occupied with eight fully occupied retail units on the 1st floor and one vacant office unit on the 2nd floor. The property has excellent visibility and high foot traffic on W Main Street,” says Flowers.