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Flex Space With Oversized Doors
New
For Sale
Under Contract
$589,000

1090A Union Road, Oregon, WI 53575

COMMERCIAL - Oregon, WI

Property Size2,850 SF
Price / SF$206.67
Days on Market1

Property Features for 1090A Union Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Security features Security System, Security Lighting
Interior features Overhead doors, Truck dr(s) hgr than 15ft, Private Restrooms, Less than 440 volt, Security system, Inside storage, Security lighting, Private office(s)
Lot features Free standing, Industrial park
Directions US-14; exit to Janesville St, Left on S Perry Pkwy, Left on Union Rd. #5 is the first building on the left.
Subdivision OREGON - T
Standard status Active Under Contract
APN 0509-132-2713-0
Size 2,850 SF

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2675

Building Details

Year built 2020
Number of units 1
Roof type Composition
Additional Structures Storage
Listing Agency: Real Broker LLC
Listed By: Hansen Home Team
Added: Aug 3 Last Checked: Aug 3 at 5:06PM
MLS# 2029268

Copyright © 2026 REALTORS® Association of South Central Wisconsin. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 2020, this 2,850-square-foot commercial condo offers a flexible mix of garage, workspace, and finished interior areas. The property includes 8+ garage stalls, two oversized 18-foot garage doors, and 20-foot ceilings, supporting storage for vehicles, equipment, trailers, boats, or recreational vehicles. Interior improvements include a full kitchen, private office, bedroom, living area, bathroom, private restrooms, inside storage, a security system, and security lighting.

Located at 1090A Union Road in Oregon, Wisconsin, the property carries Commercial zoning. Additional physical features include overhead doors, a truck-height garage door greater than 15 feet, a composition roof, and electrical service below 440 volts. The configuration accommodates business operations, equipment storage, and workshop use within one enclosed facility.

Key Highlights

  • 2,850 SF commercial condo built in 2020
  • 8+ garage stalls with 20‑foot ceilings
  • Two oversized 18ft garage doors

Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $62.6k $21.96
− Vacancy −$10.0k −$3.51
EGI $52.6k $18.45
− OpEx −$13.1k −$4.61
NOI $39.4k $13.83
2,850 SF · lease $21.96/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$563.3K
$492.9K – $657.2K (±1% cap)
NOI $39,429 @ 7.0% cap · market cap 6.69%
Second Best
Warehouse
$485.4K
$424.7K – $566.3K (±1% cap)
NOI $33,977 @ 7.0% cap · market cap 5.77%
Theoretical Best
Office A
$662.3K
$579.5K – $772.7K (±1% cap)
NOI $46,360 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Restaurant Big Box & Wholesale Store Building Supply Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20 ft
Clear height
2
Drive-in doors

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby
Well-served
Demand for This Use

Demographics for 53575, WI

17,320
Population
7,036
Households
2.5
Avg Household Size
41
Median Age
47%
College-Educated
97%
High-School Grad
55.3 sq mi
ZIP Area
313
Density / Sq Mi
$110,388
Median Household Income
$64,251
Median Earnings
$1,223
Median Rent
$384,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial condo combines substantial vehicle storage with finished office and residential-style amenities.
Where is this flex space located?
The property is located at 1090A Union Road Oregon, WI.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: 2,850 SF commercial condo built in 2020; 8+ garage stalls with 20‑foot ceilings; Two oversized 18ft garage doors
More about this property
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