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Medical Office Building

115 Enterprise Dr Verona, WI 53593

115 Enterprise Dr, Verona, WI, 53593
Contact for pricing
For Sale
Contact for pricing

Modest office building featuring seven offices, waiting and break areas, plus two restrooms and a 3-bay garage.

Property Size2,200 SF
Price / SF$272.73
Days on Market79

Property Features for 115 Enterprise Dr

General Information

Standard status
Active
Size
2,200 SF
Property subtype
OFFICE
Listing agency Plato Commercial Real Estate, LLC
Listed by Kent Yan · License #52374090
Source Moodyscre
Added: May 5 Updated: Jul 22 at 10:27AM Checked: Jul 22 at 10:27AM

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 Plato Commercial Real Estate, LLC


Investment Insights

Based on property information with market context.

This medical office building is currently configured for chiropractic use and includes seven offices, a break room, a waiting area, and two restrooms—one accessed from the waiting area and one connected to an office. The property also includes a 3-bay garage, along with green space and off-street parking.

The building is located at 115 Enterprise Dr in Verona, WI, and is offered for sale with a seller preference for a Fall 2026 closing.

With its existing office layout and dedicated restroom facilities, the building is set up for professional office operations that align with the current configuration.

Key Highlights

  • Modest office building in the City of Verona, currently used as a chiropractic office
  • Layout includes seven offices plus a waiting area and break room
  • Two restrooms: one off the waiting area and one connected to an office

Local 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 $48.3k $21.96
− Vacancy −$7.7k −$3.51
EGI $40.6k $18.45
− OpEx −$10.1k −$4.61
NOI $30.4k $13.83
2,200 SF · lease $21.96/SF/yr · vacancy 16.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$434.8K
$380.5K – $507.3K (±1% cap)
NOI $30,437 @ 7.0% cap · market cap 5.07%
Second Best
Healthcare Medical
$374.3K
$327.5K – $436.7K (±1% cap)
NOI $26,203 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$511.2K
$447.3K – $596.4K (±1% cap)
NOI $35,786 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Real Estate Agency Building Supply Big Box & Wholesale Store Law Firm Restaurant Auto Repair Shop Auto Parts Store HVAC Service Storage Facility Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Animal Hospital of Verona — 203 W Verona Ave, Verona, WI 53593

FAQs

What type of property is this?
Medical Office Space - Modest office building featuring seven offices, waiting and break areas, plus two restrooms and a 3-bay garage.
Where is this medical office space located?
The property is located at 115 Enterprise Dr Verona, WI.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Modest office building in the City of Verona, currently used as a chiropractic office; Layout includes seven offices plus a waiting area and break room; Two restrooms: one off the waiting area and one connected to an office
Contact an agent
(608) 698-6833 Call to check price and availability
More about this property
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