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 | |
Updated | January 26th, 2024 |
Type | Multi-Use |
Price | $849,900 |
Building | 6,656 Sq. Ft. |
Land | 0.25 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)