$749,900

0 Beds 0 Baths 6,656 Sqft
200 & 204 W Main Street, Waunakee, WI 53597
Property Type: Commercial
Time on Market: 58 days
Price per Sqft: $113
Total Taxes: $10,187
Est. Age: 21+ Years

Description

Pro Forma NOI of $73,497 and 9.8% Cap Rate based on $90,118 in Projected Annual Gross Rent. This standout mixed-use property features two adjoining buildings with updated apartment units above and flexible commercial suites below. The 200 Building apartments have seen numerous upgrades, including new flooring, blinds, paint, countertops, and more. The freshly cleaned commercial spaces in the 204 Building offer excellent street visibility, ideal for retail, service, or even a restaurant concept. With a recently replaced asphalt parking lot, improved landscaping, new garage door, & main gas line upgrades, this property is well-positioned for both owner-occupants and investors seeking immediate income and long-term upside. This is a rare opportunity to own a core piece of downtown Waunakee!

Property Details

Interior

Basement:
  • Partial, Crawl Space, Walk Out/Outer Door, None, None / Slab
Heating/Cooling:
  • Radiant, Central Air, Other, Wall A/C
Sqft:
  • Total Sqft: 6,656
  • Lot Sqft Source: Assessor/Public Record
  • Estimated Sqft Range: 5001 or more

Exterior

Parking:
  • Details: 6-10 spaces, On Site, Paved Lot
Roofing:
  • Flat,Rubber/Membrane,Other
Water:
Water/Waste:
  • Municipal Water, Municipal Sewer

Misc.

Business For Sale:
  • N
Commercial:
  • Features: High Speed Internet,Restroom(s),Private Restrooms,Shared Restrooms,Residential unit(s),Display Window,Outside Storage,Offices
New Construction:
  • N
Postal:
  • Code: 53597
Real Estate Included:
  • Y
Street:
  • Direction Prefix: West
  • Name: Main Street
  • Suffix: STREET
Tax Year:
  • 2024
Utilities:
  • Details: High Speed Internet Available
Value Range:
  • Pricing: N
Zoning:
  • C-1D

Map

Listing Agent-Provided Directions:
  • From I-90/I-94: West on WI-19, Continue on WI-113/WI-19/Main St. Located on the corner of W Main St & Fish St. Home to "Wana Bike Shop".

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Schools and Neighborhood

Postal City:
  • Waunakee
Municipality:
  • Name: WAUNAKEE
  • Type: Village
County:
  • DANE

Listing Information

  • Time on Market: 58 days
  • Place Perfect Last Updated: 2025-09-06 16:44:52
  • MLS Number: 2004548
  • Subsystem Locale: WIREX_SCW
  • Listing Office: Realty Executives Cooper Spransy
  • Listing Agent: Matt Winzenried Real Estate Team

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This information is provided by WIREX via the REALTORS Association of Northeast Wisconsin multiple listing service and is exclusively for consumers’ personal, non-commercial use. Information is deemed reliable but not guaranteed.

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