200-204 W Main Street, Waunakee, WI

Multi-Use for Sale - $849,900 - 6,656 Sq. Ft. on 0.25 acres


Agent Info

John David Vasquez
Realty Executives Cooper Spransy

Property Info

CIMLS#1154253
Location
  200-204 W Main Street
  Waunakee WI 53597
UpdatedJanuary 26th, 2024
TypeMulti-Use
Price$849,900
Building6,656 Sq. Ft.
Land0.25 acres

Property Description

Come check out this wonderful Waunakee corner lot commercial sale on West Main Street that includes 2 adjoined buildings, commercial & residential units, 6656 combined finished sqft, a 928 sqft detached garage, and a newly paved parking lot with 10+ off-street parking spaces. Building 200 W Mains St features the longstanding Wana Bike bicycle shop, 4160 combined finished sqft, 3 residential apartment units (Two upper-level 2-bedroom units & One lower-level 1-Bedroom unit), and a basement area. The adjoining 204 W Main St building features two separate commercial office spaces, a private common entry breezeway, 2496 combined finished sqft, a shared bathroom, a storage unit, & two in-unit personal kitchen areas. Near many amenities including local shops, restaurants, parks, and schools.

• Buyer Agent Commission: 3%

• Additional Photos & Information: https://scwmls.paragonrels.com/paragonls/publink/view.mvc/?GUID=d3aee947-855e-42ff-8de9-05e259314b8a&Report=Yes


Financials

• Assessed Land Value: $145,500.00 (2023)

• Assessed Improved Value: $432,400.00 (2023)

• Total Assessed Value: $577,900.00 (2023)

• Gross Rental Income: $76,920 (2023)

• Taxes: $9,488 (2023)

• Operating Expenses: $15,506 (2023)

• Net Operating Income (NOI): $51,926 (2023)

• Cap Rate: 6.11% (2023)



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