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Key Details
Sold Price $715,000
Property Type Commercial
Sub Type Retail,Office(s),Apartment building,Service,Restaurant/Supper Club
Listing Status Sold
Purchase Type For Sale
Square Footage 6,656 sqft
Price per Sqft $107
MLS Listing ID 2004548
Sold Date 12/30/25
Year Built 1910
Annual Tax Amount $10,187
Tax Year 2024
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Retail,Office(s),Apartment building,Service,Restaurant/Supper Club
Property Description
Pro Forma $73,497 NOI & 9.8% Cap Rate based on $90,118 Projected Annual Gross Rent. This standout mixed-use property features two adjoining buildings totalling 6,656 sqft, with updated apartment units above & flexible commercial suites below. The 200 Building apts have seen numerous upgrades, including new flooring, blinds, paint, countertops, & 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 & investors seeking immediate income & long-term upside. This is a rare opportunity to own a core piece of downtown Waunakee!
Location
State WI
County Dane
Zoning C-1D
Rooms
Basement Partial, Crawl Space, Walk Out/Outer Door, None, None / Slab
Interior
Heating Natural Gas, Electric
Cooling Radiant, Central Air, Other, Wall A/C
Exterior
Utilities Available High Speed Internet Available
Roof Type Flat,Rubber/Membrane,Other
Building
Story 2
Sewer Municipal Water, Municipal Sewer
New Construction N
Others
Special Listing Condition Arms Length
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