BOGO! • 200-204 W Main St, Waunakee, WI 53597 | 200 W Main St
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BOGO! • 200-204 W Main St, Waunakee, WI 53597 200 W Main St
6,656 SF 85% Leased Retail Building Waunakee, WI 53597 $849,900 ($128/SF) 6.24% Cap Rate
Investment Highlights
- 3 Commercial Storefront/Retail Units and 3 Apartment Units Featuring Forced Air & Central AC
- All Apartment Units Feature In-Unit Laundry. The Property Features 10+ Off Street Parking Spaces and a Detached Garage/Storage Building
- Corner Lot on the busy Main St/Hwy 19 the in Affluent Waunakee
Executive Summary
This is a wonderful Waunakee corner lot commercial sale on West Main Street that includes 2 adjoined buildings, commercial & residential units, 6656 combined finished sqft, a 928 sqft detached garage, and a newly paved parking lot with 10+ off-street parking spaces. Building 200 W Mains St features the longstanding Wana Bike bicycle shop, 4160 combined finished sqft, 3 residential apartment units all featuring in-unit laundry (Two upper-level 2-bedroom units & One lower-level 1-Bedroom unit), and a basement area. The adjoining 204 W Main St building features two separate commercial office spaces, a private common entry breezeway, 2496 combined finished sqft, a shared bathroom, a storage unit, & two in-unit personal kitchen areas. Near many amenities including local shops, restaurants, parks, and schools. This property is also listed on the South Central Wisconsin Multiple Listing Service (SCWMLS) under MLS # 1957162. Contact listing agent John David Vásquez • johndavid@mattwinz.com • (608)770-4322 for showings and more information.on.
Financial Summary (Actual - 2023) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$76,978
|
$11.57
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$76,978
|
$11.57
|
| Taxes |
$9,488
|
$1.43
|
| Operating Expenses |
$14,443
|
$2.17
|
| Total Expenses |
$23,931
|
$3.60
|
| Net Operating Income |
$53,047
|
$7.97
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | $76,978 |
| Annual Per SF | $11.57 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $76,978 |
| Annual Per SF | $11.57 |
| Taxes | |
|---|---|
| Annual | $9,488 |
| Annual Per SF | $1.43 |
| Operating Expenses | |
|---|---|
| Annual | $14,443 |
| Annual Per SF | $2.17 |
| Total Expenses | |
|---|---|
| Annual | $23,931 |
| Annual Per SF | $3.60 |
| Net Operating Income | |
|---|---|
| Annual | $53,047 |
| Annual Per SF | $7.97 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,656 SF
Building Class
C
Year Built
1910
Price
$849,900
Price Per SF
$128
Cap Rate
6.24%
NOI
$53,047
Percent Leased
85%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.61
Land Acres
0.25 AC
Zoning
G2 - Commercial
Parking
10 Spaces (1.5 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Corner Lot
- Signage
- Storage Space
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Gins Tax
- Services
- -
- -
- May 2025
- Wana Bike Shop
- Retailer
- -
- -
- Apr 2024
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Gins Tax | Services | - | - | May 2025 | ||
| Wana Bike Shop | Retailer | - | - | Apr 2024 |
Walk Score ®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 0809-082-2056-8 | Total Assessment | $577,900 |
| Land Assessment | $145,500 | Annual Taxes | $9,488 ($1.43/SF) |
| Improvements Assessment | $432,400 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
0809-082-2056-8
Land Assessment
$145,500
Improvements Assessment
$432,400
Total Assessment
$577,900
Annual Taxes
$9,488 ($1.43/SF)
Tax Year
2023
-
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BOGO! • 200-204 W Main St, Waunakee, WI 53597 | 200 W Main St
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