1301 Lake Street, Baraboo, WI 53913
10,000 sqft commercial building on 2.52 acre lot for sale.
- Added:
- Mar 7, 2023
- Days on Market:
- 1193
- Last Refresh:
- May 19 at 11:34 pm
Property Features for 1301 Lake Street
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 2.52 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 2010
Listing agent Craig Endres License #56379-94 (608) 577-2245
Listing office Restaino & Associates (608) 577-2245
Listing date Mar 7, 2023
Source Exitrealty
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 Restaino & Associates
HighLights
- Large 2.52 +/- acre lot with a 10,000 sq. ft. commercial building
- Radiant in‑floor heat throughout the shop and offices for energy efficiency
- Located in an industrial park on a truck route with access to major arteries
- Three‑phase electrical system and newer boiler
- Potential for expansion with additional buildings
- 2,000 sqft of the building is currently leased, providing immediate income
Overview
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 | $168.0k | $16.80 |
| − Vacancy | −$37.0k | −$3.70 |
| EGI | $131.0k | $13.10 |
| − OpEx | −$32.8k | −$3.28 |
| NOI | $98.3k | $9.83 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Baraboo
- County
- Sauk
- State
- Wisconsin
- Longitude
- -89.731
- Latitude
- 43.4515