Spa & Wellness Property with 22
For Sale
Contact for pricing
1280 W Main Street, Sun Prairie, WI 53590
Fully leased commercial space supports independent beauty professionals across a multi-suite layout.
Property Size7,200 SF
Price / SF$230.56
Days on Market13
Property Features for 1280 W Main Street
General Information
Standard status
Active
Size
7,200 SF
Property subtype
Special Purpose
Occupancy
100%
Additional Details
Business Included
Yes
Office Units
22
Building Details
Year Built
2004
Year Renovated
2004
Tenancy
Multi
Listing Agency:
Century 21 Affiliated Madison
(608) 886-3205
Listed By:
Dione Laufenberg · License #WI
Source:
Crexi
Added: Jul 22
Changed: Aug 3
Last Checked: Aug 3 at 5:00AM
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 Century 21 Affiliated Madison
Investment Insights
Based on property information with market context.
This 7200-square-foot spa and wellness property contains 22 commercial suites occupied by independent beauty professionals. The building is fully leased and was completely renovated in 2004, providing a dedicated suite-based configuration for salon and personal-care operations. The property is identified as Salon de Luxe and offers an established tenant roster rather than a single-user layout.
Located at 1280 W Main Street in Sun Prairie, Wisconsin, the asset has supported long-term occupancy, with current tenants reporting occupancy periods ranging from 10 to 22 years. The tenant mix includes six professionals with at least 10 years of tenure, supporting continuity across the suite count. The property combines a defined wellness use with a fully occupied commercial format.
Located at 1280 W Main Street in Sun Prairie, Wisconsin, the asset has supported long-term occupancy, with current tenants reporting occupancy periods ranging from 10 to 22 years. The tenant mix includes six professionals with at least 10 years of tenure, supporting continuity across the suite count. The property combines a defined wellness use with a fully occupied commercial format.
Key Highlights
- 22 commercial suites in a fully leased configuration
- 7200 SF spa and wellness property
- Completely renovated in 2004
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 | $158.1k | $21.96 |
| − Vacancy | −$25.3k | −$3.51 |
| EGI | $132.8k | $18.45 |
| − OpEx | −$33.2k | −$4.61 |
| NOI | $99.6k | $13.83 |
7,200 SF · lease $21.96/SF/yr · vacancy 16.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.42M
$1.25M – $1.66M
NOI $99,611 @ 7.0% cap · market cap 6.00%
Second Best
Retail
$986.0K
$862.8K – $1.15M
NOI $69,023 @ 7.0% cap · market cap 4.16%
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $117,119 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
22
Office units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
683
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 53590, WI
43,684
Population
18,292
Households
2.4
Avg Household Size
37
Median Age
52%
College-Educated
97%
High-School Grad
65.9 sq mi
ZIP Area
663
Density / Sq Mi
$96,497
Median Household Income
$57,711
Median Earnings
$1,375
Median Rent
$354,700
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Prairie Chiropractic — 5 N Bird St, Sun Prairie, WI 53590
- Jackie Lane’s Healing Home — 1715 Linnerud Dr #232, Sun Prairie, WI 53590
- ReEmbody Physical Therapy — 908 Windsor St, Sun Prairie, WI 53590
- Primal Air OMT - Sun Prairie, WI — 1266 W Main St, Sun Prairie, WI 53590
- Haumea: Yoga, Fitness, Massage, Chiropractic, Physical Therapy — 908 Windsor St, Sun Prairie, WI 53590
Frequently Asked Questions
What type of property is this?
Spa & wellness property - Fully leased commercial space supports independent beauty professionals across a multi-suite layout.
Where is this spa & wellness property located?
The property is located at 1280 W Main Street Sun Prairie, WI.
What is the asking price?
The asking price for this property is $1,660,000.
What are key features of this property?
This property features: 22 commercial suites in a fully leased configuration; 7200 SF spa and wellness property; Completely renovated in 2004
