Pro Forma NOI of $73,497 and 9.8% Cap Rate based on $90,118 in Projected Annual Gross Rent. This revitalized downtown Waunakee gem offers 2 adjoining buildings of flexible mixed-use space with updated apartment units, freshly cleaned commercial suites, & fresh vertical steel façade. The property combines historic Main Street character with strong local visibility and growing area demand. Ideal asset for owner-occupants or investors seeking upside and walkable access to everything Waunakee offers. Many upgrades include a replaced Asphalt Parking Lot, upgraded Landscaping Drainage, Furnace (Bike Shop), Washer & Paint (#1), Flooring, Blinds, Paint, & Countertops (#2), Paint, Dishwasher, Washer, Dryer, & Water Heater (#3), Garage Door, Main Gas Line, and more. Restaurateurs welcomed. This is a rare opportunity to own a core piece of downtown Waunakee!
• Currently Leased: 2 of 3 Commercial Units and all 3 Residential Apartments (83.33% Occupancy)
• Available for Rent: Commercial Unit A (Approx: 2000+ sqft) at $2,200 Monthly
• Detached Garage is approximately 50 ft × 23 ft (1,048 sq ft)
• Detailed Rent Roll & Leases Available Upon Request