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Property profile & analytics
FOR SALE
Commercial real estate

107 Baker St Waunakee, WI 53597

0.5 ac lot
Individually Owned 6-yr Hold Free & Clear
Property ID
US92-0298519
Property summary
AI-generated overview

This exceptional commercial property, located at 107 Baker Street in the heart of Waunakee, Wisconsin, presents a unique investment opportunity. Boasting a substantial 13,000 square feet spread across two levels, this property offers versatile space ideal for a variety of commercial uses. Currently, the ground floor is leased to a restaurant, providing immediate rental income. The main floor's adaptable layout is perfect for a venue hall, retail space, or a combination thereof. Some remodeling has already been completed, simplifying the transition for a new owner. Upstairs, a spacious office area offers further income potential, either through leasing or internal use. The property sits on a half-acre lot, providing ample space and visibility. The seller is open to lease offers in addition to outright purchase. This property is being sold "AS IS," reflecting its current condition and offering an opportunity for customization to meet the buyer's specific needs. With its prime downtown location and significant square footage, this property represents a strong investment in a thriving Wisconsin community. The existing restaurant lease provides a stable income stream while the upper level office and adaptable main floor offer significant upside potential. Don't miss this chance to acquire a substantial commercial property in a desirable location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.5 ac (21,780 SF)
APN 0809-053-7716-4
UPID US92-0298519
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rong Chen · 6 yrs held
Rong Chen
since 2019
7 recorded transactions
2024
Price N/A
2024
Price N/A
2019
Price N/A
2019
Price N/A
2008
$521,000
2008
$345,000
2004
$450,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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