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Public Houzz 906 W Exchange St

10,532 SF 62% Leased Retail Building Brodhead, WI 53520 $427,500 ($41/SF)

Investment Highlights

  • Vibrant downtown location
  • Renovated kitchens and bathrooms
  • Mixed-use opportunity with street-level restaurant/retail
  • Turn-key restaurant with full kitchen

Executive Summary

For Sale and/or For Lease. This former opera house located in a national historic district in downtown Brodhead leaves an immediate impression with its Victorian-era patterned masonry and decorative trim. While the building has been lovingly restored the with an ode to its gloried past, the recent renovations give the 4047/sf street-level space a modern and refreshing vibe that enriches the current owner-operated "Public Houzz" whiskey bar setting. Complete with a commercial kitchen, full bar, several eclectic and private dining areas, and a covered back patio --- the ground floor restaurant/retail space is carte blanche; ready for events, private banquets, farm-to-table cuisine, weddings, mixed-use retail or even a future supper club. The upstairs, accessible via a separate street-level entrance, invites an incredible opportunity for value-add as a multi-tenant residential conversion (apartments or condos), additional event space, an entertainment venue, or even a possible assemblage with the mixed-use building next door. Upgrades include: new membrane roof, new double-paned windows (2nd floor), full kitchen and bathroom remodels, and a dramatic aesthetic overhaul. All restaurant/bar FF&E included with the sale (full inventory list upon request). Totaling over 10,000/sf, this building is a rare mix of limitless potential + a turn-key investment. For the video tour, please visit the following: https://vimeo.com/983306432 . Contact broker for more details and showings. Kristopher K. Coe, Century 21 Affiliated (303-818-3490) or Dione Laufenberg, Century 21 Affiliated (608-886-3205)

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
10,532 SF
Building Class
C
Year Built/Renovated
1880/2022
Price
$427,500
Price Per SF
$41
Percent Leased
62%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.12 AC
Zoning
C1, B - Commercial
Parking
55 Spaces (5.22 Spaces per 1,000 SF Leased)
Frontage
50 FT on W Exchange St

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 4,047 SF
  • Restaurant
  • In-Line
  • Now

Former Opera House located in a national historic district. "Public Houzz" street-level restaurant/bar space in Brodhead renovated within the last 2-years, optimum for new restaurant venture or new second location. Ideal for restaurant/cafe/tavern/whiskey bar user and space can be divided into 2 separate distinct units (i.e. coffee shop or retail on one side, tavern/bar/event space on the other side). Option to rent one side and sub-lease the other. Full bar, patio space, exposed brick, private dining area, renovated bathrooms, and full kitchen with hood, walk-in coolers, and turn-key restaurant equipment. Ample storage in basement. Lease rate/term is negotiable. Building also listed for sale.

Space Size Space Use Position Available
1st Floor 4,047 SF Restaurant In-Line Now

1st Floor

Size
4,047 SF
Space Use
Restaurant
Position
In-Line
Available
Now

1st Floor

Size 4,047 SF
Space Use Restaurant
Position In-Line
Available Now

Former Opera House located in a national historic district. "Public Houzz" street-level restaurant/bar space in Brodhead renovated within the last 2-years, optimum for new restaurant venture or new second location. Ideal for restaurant/cafe/tavern/whiskey bar user and space can be divided into 2 separate distinct units (i.e. coffee shop or retail on one side, tavern/bar/event space on the other side). Option to rent one side and sub-lease the other. Full bar, patio space, exposed brick, private dining area, renovated bathrooms, and full kitchen with hood, walk-in coolers, and turn-key restaurant equipment. Ample storage in basement. Lease rate/term is negotiable. Building also listed for sale.

Nearby Major Retailers

Piggly Wiggly
Huntington National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-206-496.0200
Land Assessment
$36,800
Improvements Assessment
$141,100
Total Assessment
$177,900
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023 Payable 2024
  • Listing ID: 32441141

  • Date on Market: 7/12/2024

  • Last Updated:

  • Address: 906 W Exchange St, Brodhead, WI 53520

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