Tom McKinlay
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1400 Ihm Street, Lancaster, WI 53813

$905,000
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New to the Market Active
SQUARE FEET9,014 MLS#2023746
STATUSActive PROPERTY TYPECommercial - Business
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Listing Courtesy of: ALTUS Commercial Real Estate, Inc.
Agency Phone: 608-338-1101
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Property Description

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.

1400 Ihm Street | MLS# 2023746

This commercial property located at 1400 Ihm Street, Lancaster, WI 53813 is currently listed for sale with an asking price of $905,000. Search Lancaster real estate on tmckinlay.starkhomes.com today.

Property Features

Property Type: Commercial - Business
Home Style: Retail
Taxes: $12,449
Year Built: 2005

Amenities

Concrete
Metal

Feature Descriptions

Annual Unit Rent (Per Sqft): $8.53(Unit 1)
Ceiling Height (Feet): 1(MIN), 2(MAX)
Exterior: Concrete, Metal
Gross SQFT: 9014(Unit 1)
Heating/Cooling: Central air, Forced air
Location: High Visibility, Near Major Highway
Present Use: Retail
Total Units (Building): 1
Water/Waste: Municipal sewer, Municipal water

Listed By / Shown By

Listed By

Agency Name: ALTUS Commercial Real Estate, Inc.
Agency Phone: 608-338-1101

Shown By

Agent Name: Tom McKinlay
Agent Phone: (608) 212-0431
Agency Title: Stark Company Realtors

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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. Information on this site was last updated 05/20/2026. The listing information on this page last changed on 05/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/20/2026 1:49:36 AM EST) or SCWMLS (last updated Tue 05/19/2026 11:54:42 PM EST) or Wirex (last updated Wed 05/20/2026 1:47:26 AM EST). Real estate listings held by brokerage firms other than Stark Company Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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