200 & 204 W Main St - Storefront Retail/Residential FOR SALE


Waunakee, WI 53597
$749,900 USD
608-770-4322
200 & 204 W Main St, Waunakee, WI for Sale
$749,900 USD
Storefront Retail/Residential - FOR SALE
1/35
null | 6.22% Cap Rate

200 & 204 W Main St
Waunakee, WI 53597


HIGHLIGHTS

  • 3 Commercial Storefront/Retail Units and 3 Apartment Units Featuring Forced Air & Central AC
  • Corner Lot on the busy Main St/Hwy 19 the in Affluent Waunakee
  • All Apartment Units Feature In-Unit Laundry. The Property Features 15+ Off Street Parking Spaces and a Detached Garage/Storage Building
  • 14.9k, median age of 40 years. Median Household Income of $128,750 - nearly 1.5× the national median. Median Property Value of $490,300; homeownership
  • Just north of Madison (˜20 mi), serving nearly 15k residents with projected ZIP code growth to 21.5k by 2025 (˜10% increase).
  • Based on 2022 AADT Traffic Data, 14,600+ vehicle driveway trips daily, with morning and afternoon peak traffic feeding into businesses directly.

OVERVIEW

Back on the Market, Better Than Ever! Now priced at $749,900, 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. Own a piece of Waunakee’s core today! • Pro Forma: $58,584 ($90,118 Projected Gross Rent, 5% Vacancy Allowance, & 30% Estimated Expenses) • Currently Rented: 2 Commercial Units and 2 Apartment Units • Available for Rent: Commercial Unit A (Approx: 2000+ sqft) and Apartment Unit 3 (Approx: 1,000 sqft) • Detached Garage is approximately 50 ft × 23 ft (1,048 sq ft) • Detailed Rent Roll & Leases Available Upon Request

FOR SALE DETAILS

PRICE

$749,900 USD

PRICE/SF

$113 USD /SF

CAP RATE

6.22%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

BOGO! 200 & 204 W Main St, Waunakee, WI 53597

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Convenience Store, Service, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1910

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

C-1D

APN/PARCEL ID

0809-082-2056-8

ASK ABOUT THIS PROPERTY

John David VasquezRealty Executives Cooper SpransyMore Info
608-770-4322

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John David VasquezRealty Executives Cooper SpransyMore Info
608-770-4322

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.