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Brandon Grosse

[email protected] +1(608) 577-9860

Listed by Realty Executives Cooper Spransy • [email protected]

$ 749,900

Est. payment -/mo

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200 & 204 W Main Street Waunakee, WI 53597

6 Beds

4 Baths

7,696 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 2 story,Other

Listing Status Active

Purchase Type For Sale

Square Footage 7,696 sqft

Price per Sqft $97

Subdivision Downtown Historic Commercial District

MLS Listing ID 2005994

Bedrooms 6

Full Baths 3

Half Baths 2

Year Built 1910

Annual Tax Amount $10,187

Tax Year 2024

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type 2 story,Other

Property 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!

Location

State WI

County Dane

Area Waunakee - V

Zoning C-1D

Direction 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\".

Rooms

Basement Partial, Crawl space, Other foundation, Sump pump

Interior

Heating Forced air

Heat Source Natural Gas

Exterior

Parking Features 2 stall garage, Detached, 2 spaces, Outside

Utilities Available Separate elec meters, Separate gas meters

Building

Water Municipal water, Municipal sewer

Structure Type Wood,Stucco,Fiber Cement

Schools

Elementary Schools Heritage

Middle Schools Waunakee

High Schools Waunakee

School District Waunakee

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Brandon Grosse

Broker | ACCORD 54913-90

+1(608) 577-9860 | [email protected]

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Madison, WI