Open-Plan Mixed-Use Office
New
For Sale
Contact for pricing
104 Lumber Street #Lower 1, Fort Atkinson, WI 53538
BUS zoning, ADA accessibility, off-street parking, and separate storage support a range of workspace configurations.
Property Size1,600 SF
Days on Market6
Property Features for 104 Lumber Street #Lower 1
General Information
Standard status
Active
Size
1,600 SF
Total Parking Spaces
3
Property subtype
Commercial
Zoning
BUS
Additional Details
Floor
first floor
Utilities to Site
Yes
Property Use
Office
Amenities
ADA accessibility
freshly painted
LVP flooring
additional storage
Building Details
Building Size
1,600 SF
Year Built
1900
Listing Agency:
Epic Real Estate Group
Listed By:
Todd Willkomm · License #5514790
(920) 563-3400
Source:
Coactionrealestate
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 4:31PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Epic Real Estate Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use space has an open floor plan, ADA accessibility, and additional storage. Recent updates include fresh paint and LVP flooring. Off-street parking is available, and water and sewer are included. The property was built in 1900 and is zoned BUS.
Key Highlights
- Open floor plan with ADA accessibility
- Fresh paint and LVP flooring
- Off‑street parking and additional storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,728
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,560
$274.6K
Cap Rate 7%
$196,114
$196.1K
Cap Rate 9%
$152,533
$152.5K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$25.0K $15.60/SF
− Vacancy
−$3.0K −$1.87/SF
EGI
$22.0K $13.73/SF
− OpEx
−$8.2K −$5.15/SF
NOI
$13.7K $8.58/SF
Area
Jefferson County, WI
Vacancy
12.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$274,560
Cap Rate 7%
$196,114
Cap Rate 9%
$152,533
Alternative Uses
Best Use
Office B
$296.2K
$259.2K – $345.6K
NOI $20,736 @ 7.0% cap · market cap 2,073,600.00%
Second Best
Mixed Use
$196.1K
$171.6K – $228.8K
NOI $13,728 @ 7.0% cap · market cap 1,372,800.00%
Theoretical Best
Office A
$375.6K
$328.6K – $438.2K
NOI $26,289 @ 7.0% cap · market cap 2,628,900.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 53538, WI
18,643
Population
8,444
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
92%
High-School Grad
97.1 sq mi
ZIP Area
192
Density / Sq Mi
$80,784
Median Household Income
$44,995
Median Earnings
$967
Median Rent
$228,200
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - BUS zoning, ADA accessibility, off-street parking, and separate storage support a range of workspace configurations.
Where is this mixed-use property located?
The property is located at 104 Lumber Street #Lower 1 Fort Atkinson, WI.
What are key features of this property?
This property features: Open floor plan with ADA accessibility; Fresh paint and LVP flooring; Off‑street parking and additional storage
