Mixed-Use Property with
For Sale
Contact for pricing
1054 Williamson, Madison, WI 53703
Mixed-use property with residential units and established restaurant for sale.
Property Size3,564 SF
Price / SF$294.61
Days on Market147
Property Features for 1054 Williamson
General Information
Standard status
Active
Size
3,564 SF
Property subtype
Retail, Multifamily
Net Operating Income
$68,904
Building Details
Year Built
1910
Units
3
Listing Agency:
Weichert, Realtors- Lakepoint
Listed By:
Robert Grether · License #57211-90
Source:
Crexi
Added: Mar 18
Changed: Aug 8
Last Checked: Aug 8 at 6:27AM
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 Weichert, Realtors- Lakepoint
Investment Insights
Based on property information with market context.
The property at 1054 Williamson Street is a mixed-use rental property. It features two residential units and one established restaurant. The property offers immediate stability and strong tenant demand. Situated on Willy and Ingersol, tenants and patrons enjoy walkable access to popular dining, local shops, parks, and Lake Monona. The below market rents present significant upside for investors seeking value-add potential. The combination of consistent income, growth potential, and a prime location makes this building an attractive investment. The property size is 3564 square feet.
Key Highlights
- Prime location on Willy Street near Ingersoll, offering walkable access to dining, shops, parks, and Lake Monona.
- Mixed‑use property with two residential units and one established restaurant.
- Immediate stability with strong tenant demand.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$57,897
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,157,940
$1.2M
Cap Rate 7%
$827,100
$827.1K
Cap Rate 9%
$643,300
$643.3K
Market Conditions
NOI Build-Up for 3,564 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$81.3K $22.80/SF
− Vacancy
−$4.1K −$1.14/SF
EGI
$77.2K $21.66/SF
− OpEx
−$19.3K −$5.42/SF
NOI
$57.9K $16.25/SF
Area
Madison, WI
Vacancy
5.00%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,157,940
Cap Rate 7%
$827,100
Cap Rate 9%
$643,300
Alternative Uses
Best Use
Specialty Retail
$827.1K
$723.7K – $965.0K
NOI $57,897 @ 7.0% cap · market cap 5.51%
Second Best
Mixed Use
$702.6K
$614.8K – $819.7K
NOI $49,183 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$1.04M
$911.0K – $1.21M
NOI $72,877 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,199
Businesses Nearby
Explore this area
Business Placement
Demographics for 53703, WI
38,512
Population
21,025
Households
1.8
Avg Household Size
27
Median Age
69%
College-Educated
98%
High-School Grad
1.8 sq mi
ZIP Area
21,396
Density / Sq Mi
$46,618
Median Household Income
$27,923
Median Earnings
$1,445
Median Rent
$472,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with residential units and established restaurant for sale.
Where is this mixed-use property located?
The property is located at 1054 Williamson Madison, WI.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Prime location on Willy Street near Ingersoll, offering walkable access to dining, shops, parks, and Lake Monona.; Mixed‑use property with two residential units and one established restaurant.; Immediate stability with strong tenant demand.
