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6629 University Ave

10,560 SF 83% Leased Retail Building Middleton, WI 53562 £665,083 (£63/SF) 5.10% Net Initial Yield

Investment Highlights

  • Prime Location!
  • Great Investment Opportunity!

Executive Summary

Unique opportunity to invest in a portfolio of six (6) commercial condo units. The portfolio consists of four (4) tenant occupied units and two (2) vacant units ready for a new tenant or an owner-occupant. Great investment opportunity! More information is available through the Broker after agreeing to a NDA.

Attachments

Brochure

Property Facts

Sale Type
Investment
Sale Condition
Portfolio Sale
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
10,560 SF
Building Class
B
Year Built
1980
Price
£665,083
Price Per SF
£63
Net Initial Yield
5.10%
NOI
£33,892
Percent Leased
83%
Tenancy
Multiple
Number of Floors
2
Slab to Slab
10 ft
Building FAR
0.21
Lot Size
1.16 AC
Zoning
B-2 - Commercial
Parking
42 Spaces (3.98 Spaces per 1,000 SF Leased)
Frontage
123 ft on University

Amenities

  • Bus Route
  • Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 102
  • 750 SF
  • Office/Retail
  • -
  • Now

Rare opportunity to lease a smaller retail/office unit in Middleton along University Ave., and have storefront signage! Suite 102 is currently comprised of four private offices and a reception area with in-suite restroom. $1,000/month.

  • 103
  • 1,028 SF
  • Office/Retail
  • -
  • Now

Rare opportunity to lease a smaller retail/office unit in Middleton along University Ave., and have storefront signage! Suite 103 is currently a hair salon with stations with plumbing for shampoo sinks/bowls, with access to washer and dryer in the basement; in-suite restroom.

Space Size Space Use Position Available
102 750 SF Office/Retail - Now
103 1,028 SF Office/Retail - Now

102

Size
750 SF
Space Use
Office/Retail
Position
-
Available
Now

103

Size
1,028 SF
Space Use
Office/Retail
Position
-
Available
Now

102

Size 750 SF
Space Use Office/Retail
Position -
Available Now

Rare opportunity to lease a smaller retail/office unit in Middleton along University Ave., and have storefront signage! Suite 102 is currently comprised of four private offices and a reception area with in-suite restroom. $1,000/month.

103

Size 1,028 SF
Space Use Office/Retail
Position -
Available Now

Rare opportunity to lease a smaller retail/office unit in Middleton along University Ave., and have storefront signage! Suite 103 is currently a hair salon with stations with plumbing for shampoo sinks/bowls, with access to washer and dryer in the basement; in-suite restroom.

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Walk Score ®
Very Walkable (79)
Bike Score ®
Very Bikeable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Old National Bank
Starbucks
Metro Market
Anytime Fitness
The Little Gym
BMO
The Original Pancake House

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0708-123-0581-0
  • 0708-123-0593-6
  • 0708-123-0595-4
  • 0708-123-0599-0
  • 0708-123-0589-2
  • 0708-123-0597-2
  • 0708-123-0583-8
  • 0708-123-0585-6
  • 0708-123-0587-4
  • 0708-123-0591-8
 Improvements Assessment £725,409
Land Assessment £312,589 Total Assessment £1,037,998

PROPERTY TAXES

Parcel Numbers
Multiple
  • 0708-123-0581-0
  • 0708-123-0593-6
  • 0708-123-0595-4
  • 0708-123-0599-0
  • 0708-123-0589-2
  • 0708-123-0597-2
  • 0708-123-0583-8
  • 0708-123-0585-6
  • 0708-123-0587-4
  • 0708-123-0591-8
Land Assessment
£312,589
Improvements Assessment
£725,409
Total Assessment
£1,037,998
(608) 240-2010

Contact

  • Listing ID: 34046694

  • Date on Market: 02/12/2024

  • Last Updated:

  • Address: 6629 University Ave, Middleton, WI 53562

The Retail Property at 6629 University Ave, Middleton, WI 53562 is currently available for sale. Contact Plato Commercial Real Estate LLC for more information.

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6629 University Ave
(608) 240-2010 x

6629 University Ave

Kent Yan

(608) 240-2010

(608) 240-2010

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