1400 Ihm Street Lancaster, WI ^$ 905,000

1400 Ihm Street

^$ 905,000

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Recently Listed

1400 Ihm Street

Lancaster, WI, 53813

^$ 905,000

Bedrooms-- Baths-- Sq 9,014

Monthly Estimate*

^$ 5,572

Listed by ALTUS Commercial Real Estate, Inc.

1400 Ihm Street, Lancaster, WI 53813 - Image 1

Commercial Property for sale in Lancaster, WI

for $905,000. This 9,014 square foot building was built in 2005.

Well-maintained NN leased standalone building occupied by Dollar General in Lancaster, Wisconsin. Dollar General has successfully operated at this location since 2005 and is currently in Option #3 of (5) separate 5-year renewal options. The current lease term expires on March 31, 2030, with two (2) additional 5-year extension options remaining. Rent increases by 10% upon the execution of each renewal option.

Commercial Active

Price

^$ 905,000

Property Type

Commercial

Taxes

^$ 12,449

Style

Retail

Year Built

2005

Town/City

Lancaster

County/Region

Grant

MLS | Web ID

2023746

Features

General

Lease Type Partial net

Roof Metal

Zoning comm

Tenant Pays All expenses

County Grant

Class Business/Comm

Present Use Retail

Net Income 76920

Location High Visibility Near Major Highway

Tax Year 2025

Gross Income 76920

Fuel Other

Status Active

Status Detail 0

Year Built 2005

Directions Turn off of HWY 61 and it is right next to O'Reilly's Auto Parts.

City Lancaster

DOM 14

Price Per Sq Ft Total AG 100.4

County Qtr Section Grant SE

Exterior

Exterior Concrete Metal

Lot Size Area 0.9

Interior

Total Number of Units 1

Heating/Cooling Central air Forced air

Stories 1

* Excluded Features

List By

Altus Commercial Real Estate, Inc.

Broker

(608) 445-2384

Phone

carson.brewer@altuscre.com

Affordability Calculator

$6,610

Per Month

Monthly Principal & Interest: $5,572
Monthly Property Taxes: $1,037
Monthly Home Insurance: --

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Down Payment

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Lancaster, WI

Average List Price ^$903,250

Percent of Sale Price 0%

About Lancaster, WI

3,896 Population

-3% Since 2002

^$44,716 Median Income

40.48 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1568291 Elementary School

1568554 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/20/2026	$905,000		Listed Price

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1400 Ihm Street, Lancaster, WI, 53813 is a Commercial Property for sale at $905,000 with 9,014 sqft. 1400 Ihm Street was built in 2005. The property's zip code is 53813 which is in Lancaster, WI

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the South Central Wisconsin Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the SCWMLS approved logo and detailed information about them includes the name of the listing brokers.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

This information, provided by seller, listing broker, and other parties, may not have been verified.

Data is updated as of 6/5/2026.

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1400 Ihm Street

Commercial Property for sale in Lancaster, WI

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