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 £671,429 (£101/SF) 6.24% Net Initial Yield
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 |
£60,736
|
£9.12
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£60,736
|
£9.12
|
| Taxes |
£7,486
|
£1.12
|
| Operating Expenses |
£11,396
|
£1.71
|
| Total Expenses |
£18,882
|
£2.84
|
| Net Operating Income |
£41,854
|
£6.29
|
Financial Summary (Actual - 2023)
| Gross Rental Income | |
|---|---|
| Annual | £60,736 |
| Annual Per SF | £9.12 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £60,736 |
| Annual Per SF | £9.12 |
| Taxes | |
|---|---|
| Annual | £7,486 |
| Annual Per SF | £1.12 |
| Operating Expenses | |
|---|---|
| Annual | £11,396 |
| Annual Per SF | £1.71 |
| Total Expenses | |
|---|---|
| Annual | £18,882 |
| Annual Per SF | £2.84 |
| Net Operating Income | |
|---|---|
| Annual | £41,854 |
| Annual Per SF | £6.29 |
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
£671,429
Price Per SF
£101
Net Initial Yield
6.24%
NOI
£41,908
Percent Leased
85%
Tenancy
Multiple
Number of Floors
2
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 Route
- Corner Lot
- Signage
- Storage Space
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Gins Tax
- Service type
- -
- -
- May 2025
- Wana Bike Shop
- Retailer
- -
- -
- Apr 2024
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Gins Tax | Service type | - | - | May 2025 | ||
| Wana Bike Shop | Retailer | - | - | Apr 2024 |
Walk Score ®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 0809-082-2056-8 | Total Assessment | £456,547 |
| Land Assessment | £114,946 | Annual Taxes | £7,486 (£1.12/sf) |
| Improvements Assessment | £341,600 | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
0809-082-2056-8
Land Assessment
£114,946
Improvements Assessment
£341,600
Total Assessment
£456,547
Annual Taxes
£7,486 (£1.12/sf)
Tax Year
2023
-
John David Vasquez - Realty Executives Cooper Spransy
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BOGO! • 200-204 W Main St, Waunakee, WI 53597 | 200 W Main St
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