$749,900
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
- Partial, Crawl Space, Sump Pump
- Full Baths: 3
- Forced Air
- High Speed Internet
- Total Sqft: 0
Exterior
- Source: Assessor/Public Record
- Wood, Stucco, Fiber Cement
- Details: 2 Car, Detached
- Spaces: 2.0
- Details: 2 Space, Outside
- Downtown Historic Commercial District
- Municipal Water, Municipal Sewer
Misc.
- N
- Code: 53597
- Direction Prefix: West
- Name: Main Street
- Suffix: STREET
- 2024
- Details: High Speed Internet Available,Separate Electric Meters,Separate Gas Meters
- Pricing: N
- C-1D
Map
- 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
- Heritage
- Waunakee
- Waunakee
- Waunakee
- Waunakee
- Name: WAUNAKEE
- Type: Village
- DANE
Listing Information
- Time on Market: 38 days
- Place Perfect Last Updated: 2025-09-06 16:13:48
- MLS Number: 2005994
- Subsystem Locale: WIREX_SCW
- Listing Office: Realty Executives Cooper Spransy
- Listing Agent: John David Vasquez
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