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Mixed-Use Building with Multiple Tenancies
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905 120th St, Roberts, WI 54023

2-story mixed-use building with multiple income-producing spaces, nine bathrooms, and 3-phase power with climate control.

Property Size13,000 SF
Lot Size1.55 Acres
Days on Market121

Property Features for 905 120th St

General Information

Standard status Active
Size 13,000 SF
Lot size 1.55 Acres
Property subtype Industrial
Zoning residential and commercial
Occupancy 100%

Additional Details

Cap Rate 13.45%
Heavy Power Yes
Service Bays 5
Multifamily Units 1

Building Details

Year Renovated 1995
Stories 2
Tenancy Multi
Listing Agency: Golden Group Commercial Real Estate
Listed By: Troy Golden · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 5:34PM

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 Golden Group Commercial Real Estate

Investment Insights

Based on property information with market context.

This 2-story mixed-use, wood-framed concrete building offers approximately 13,000 SF of rentable space on about 1.55 acres zoned residential and commercial. The property is listed as 100% occupied and includes multiple offices and nine bathrooms, with basic build-out completed in 1995. Tenant mix within the building includes a 1,200 SF dance studio, a 5,000 SF residential apartment rented to a contractor for workers, and a 4,000 SF mechanical shop with five bays, along with income from rented overhead cranes and a storage unit.

The site provides immediate entry and visibility, with access described as strong along 120th St. The property notes convenient proximity to the Minneapolis–St. Paul–Woodbury labor pool and that a newly built Amazon warehouse distribution facility is about 12 miles to the west.

Operationally, the building is equipped with 3-phase, 800 amps of power and central heating with natural gas backup electric. Air-conditioned spaces are described as fully climate controlled, and the 1995 upgrades included new electrical and plumbing and reinsulated walls.

Key Highlights

  • 2‑story mixed‑use wood‑framed concrete building with about 13,000 SF of rentable space
  • 100% occupancy with multiple income‑producing areas, including 1,200 SF dance studio and 5,000 SF residential apartment
  • Zoned residential and commercial, situated on approx. 1.55 acres with immediate entry and high traffic along 120th St

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick HVAC Service Hair Salon Storage Facility Restaurant Garden Center Bakery

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

5
Service bays
1
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Heavy power

Location Intelligence

Trade Area within ½ mile

58
Businesses Nearby

Demographics for 54023, WI

4,456
Population
1,724
Households
2.6
Avg Household Size
37
Median Age
32%
College-Educated
97%
High-School Grad
45.0 sq mi
ZIP Area
99
Density / Sq Mi
$107,333
Median Household Income
$59,639
Median Earnings
$1,587
Median Rent
$352,500
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - 2-story mixed-use building with multiple income-producing spaces, nine bathrooms, and 3-phase power with climate control.
Where is this mixed-use property located?
The property is located at 905 120th St Roberts, WI.
What are key features of this property?
This property features: 2‑story mixed‑use wood‑framed concrete building with about 13,000 SF of rentable space; 100% occupancy with multiple income‑producing areas, including 1,200 SF dance studio and 5,000 SF residential apartment; Zoned residential and commercial, situated on approx. 1.55 acres with immediate entry and high traffic along 120th St
More about this property
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