674 W Mulberry St - Storefront FOR SALE


West Baraboo, WI 53913
$450,000 USD
262-309-5597
674 W Mulberry St, West Baraboo, WI for Sale
$450,000 USD
Storefront - FOR SALE
1/3
null | 7.98% Cap Rate

674 W Mulberry St
West Baraboo, WI 53913


HIGHLIGHTS

  • The 10,757 square foot multi-tenant retail and office property is currently 87% occupied with a diverse tenant mix.
  • The existing tenant base provides a stable foundation, while still leaving room for significant appreciation through active management.
  • The property also includes a pole shed on site, which could be leased for additional rental income.

OVERVIEW

Mulberry Corner presents both investors and owner-users with a compelling opportunity in the growing Baraboo market. The 10,757 square foot multi-tenant retail and office property is currently 87% occupied with a diverse tenant mix, producing a Year 1 NOI of $35,890 based on the existing rent roll. One suite remains available for lease, providing immediate upside potential through new tenancy and additional cash flow. In-place rents are below market, offering further opportunity for income growth as leases renew or rollover. The existing tenant base provides a stable foundation, while still leaving room for significant appreciation through active management. For an owner-user, the vacant suite and the building’s flexible configuration create an opportunity to occupy space immediately while benefiting from rental income generated by the existing tenants. This dual advantage reduces occupancy costs and provides long-term control over the business’s location. The property also includes a pole shed on site, which could be leased for additional rental income.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$42 USD /SF

CAP RATE

7.98%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Mulberry Corner

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

C

APN/PARCEL ID

191-0028-00000

ASK ABOUT THIS PROPERTY

262-309-5597

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262-309-5597

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