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Mixed-Use Building with Apartment

12 W Fulton Street, Edgerton, WI 53534

For Sale
$372,000

Business/Comm, Edgerton, WI

Property Size3,542 SF
Lot Size0.07 Acres
Price / SF$105.03
Days on Market75

Property Features for 12 W Fulton Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning B2
Interior features Alley, Public rest rooms, Private Restrooms, Residential unit(s), Display window, Inside storage, Water Softener
Lot features Business district, High Traffic Location, High Visibility, Near Major Highway
Directions HWY 51, W on HWY 59 (Fulton)
Subdivision EDGERTON - C
Standard status Active
APN 6-26-705
Size 3,542 SF
Lot size 0.07 Acres

Additional Details

Tenant in Place Yes
Mixed-Use Components commercial, residential

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4408

Amenities

private rear deck
in-unit laundry

Building Details

Year built 1900
Number of units 2
Roof type Flat, Membrane
Additional Structures Storage
Buildings 1
Listing Agency: Coldwell Banker The Realty Group · Coldwell Banker Real Estate
Listed By: Donna Panico · License WI #5681090
Added: Aug 30 Changed: Nov 11 Last Checked: Nov 12 at 3:06AM
MLS# 2030068

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.

Rey
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Investment Insights

Based on property information with market context.

This 3,542-square-foot mixed-use building combines a 1,679-square-foot commercial area on the main level with a renovated apartment above. The residence has two bedrooms, one full bath and a private half bath, in-unit laundry, storage, and a rear deck. Its open layout includes tall ceilings, and appliances are included. A public-facing restroom in the commercial space meets ADA requirements.

Plumbing, electrical, windows, two furnaces, two central air units, water heaters, and water softeners have been updated since 2016. The roof was replaced in November 2022, and tuckpointing was completed in March 2022. The property occupies 0.07 acres in Edgerton and is zoned B2. Coffee shops, restaurants, schools, parks, and access to I-90/39 are described as minutes away.

Key Highlights

  • 3,542 SF building with 1,679 SF of commercial space
  • Renovated upper apartment with 2 bedrooms, 1.5 baths, in‑unit laundry, and a private rear deck
  • Commercial restroom complies with ADA requirements

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,440
Cap Rate
6.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,800 $488.8K
Cap Rate 7%
$349,143 $349.1K
Cap Rate 9%
$271,556 $271.6K
Market Conditions
NOI Build-Up for 3,542 SF
Gross rent
$42.5K $12.00/SF
− Vacancy
−$3.4K −$0.96/SF
EGI
$39.1K $11.04/SF
− OpEx
−$14.7K −$4.14/SF
NOI
$24.4K $6.90/SF
Area
Rock County, WI
Vacancy
8.00%
Lease Rate
$12.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,800
Cap Rate 7%
$349,143
Cap Rate 9%
$271,556

Alternative Uses

Best Use
Retail
$610.8K
$534.4K – $712.6K (±1% cap)
NOI $42,755 @ 7.0% cap · market cap 11.49%
Second Best
Mixed Use
$349.1K
$305.5K – $407.3K (±1% cap)
NOI $24,440 @ 7.0% cap · market cap 6.57%
Theoretical Best
Office A
$851.2K
$744.8K – $993.0K (±1% cap)
NOI $59,582 @ 7.0% cap · market cap 16.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Ripples Resale Home Decor Store

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Restaurant Pharmacy

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

1
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby

Demographics for 53534, WI

12,752
Population
5,982
Households
2.1
Avg Household Size
42
Median Age
33%
College-Educated
94%
High-School Grad
85.2 sq mi
ZIP Area
150
Density / Sq Mi
$94,250
Median Household Income
$53,109
Median Earnings
$1,102
Median Rent
$280,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Separate utilities serve the commercial space and upstairs residence, with tenants responsible for their own utility costs.
Where is this mixed-use property located?
The property is located at 12 W Fulton Street Edgerton, WI.
What is the asking price?
The asking price for this property is $372,000.
What are key features of this property?
This property features: 3,542 SF building with 1,679 SF of commercial space; Renovated upper apartment with 2 bedrooms, 1.5 baths, in‑unit laundry, and a private rear deck; Commercial restroom complies with ADA requirements
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