Downtown Flex Space with Drive-In
For Sale
Under Contract
$379,900
1412 13th Street, Monroe, WI 53566
Business/Comm, Monroe, WI
Property Size4,082 SF
Lot Size0.12 Acres
Price / SF$93.07
Days on Market47
Property Features for 1412 13th Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Parking features
Garage
Interior features
Alley, Overhead doors, Shared Restrooms, Reception area, Display window, Inside storage, Private office(s), Garage Door Opener, Shelving
Lot features
Business district, Free standing
Directions
Highway 69 to east on 11th Street, to south on 13th Avenue, to east on 12th Street, to south on 14th Avenue, to east on 13th Street, to property
Subdivision
MONROE - C
Standard status
Active Under Contract
APN
251-1579.0000
Size
4,082 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5024
Building Details
Year built
1936
Number of units
1
Roof type
Shingle
Additional Structures
Storage
Listing Agency:
EXIT Professional Real Estate · EXIT Realty
(608) 426-7111
Listed By:
Ryan Ziltner · License #56543-90
(608) 426-1684
Added: Aug 31
Changed: Oct 7
Last Checked: Oct 16 at 7:06AM
MLS# 2031163
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.
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Investment Insights
Based on property information with market context.
This 4,082-square-foot flex property combines office and conference rooms, restrooms, reception, and a large studio area on the main floor. An unfinished mezzanine and storage area add capacity. The lower level includes a workshop, additional storage, a former metalworking area with full-size windows, and an oversized garage with an overhead door. The building was constructed in 1936 and has updated interior finishes and a newer roof.
At 0.12 acres, the property sits in downtown Monroe, near restaurants, a brewery, and bars. Alley access connects to the garage, which also provides drive-in entry. Commercial zoning and the mix of office, studio, workshop, and storage areas offer a flexible layout for business use.
At 0.12 acres, the property sits in downtown Monroe, near restaurants, a brewery, and bars. Alley access connects to the garage, which also provides drive-in entry. Commercial zoning and the mix of office, studio, workshop, and storage areas offer a flexible layout for business use.
Key Highlights
- 4,082 square feet on a 0.12‑acre lot
- Main floor has office and conference rooms, restrooms, reception, and a large studio area
- Lower level includes a workshop, storage, former metalworking area, and oversized garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,973
Cap Rate
8.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,460
$679.5K
Cap Rate 7%
$485,329
$485.3K
Cap Rate 9%
$377,478
$377.5K
Market Conditions
NOI Build-Up for 4,082 SF
Gross rent
$53.9K $13.20/SF
− Vacancy
−$1.6K −$0.40/SF
EGI
$52.3K $12.80/SF
− OpEx
−$18.3K −$4.48/SF
NOI
$34.0K $8.32/SF
Area
Green County, WI
Vacancy
3.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$679,460
Cap Rate 7%
$485,329
Cap Rate 9%
$377,478
Alternative Uses
Best Use
Flex RnD
$485.3K
$424.7K – $566.2K
NOI $33,973 @ 7.0% cap · market cap 8.94%
Second Best
Industrial
$307.9K
$269.4K – $359.2K
NOI $21,552 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,469 @ 7.0% cap · market cap 21.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Drive-in doors
Location Intelligence
Trade Area within ½ mile
774
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 53566, WI
14,970
Population
6,810
Households
2.2
Avg Household Size
44
Median Age
26%
College-Educated
93%
High-School Grad
152.9 sq mi
ZIP Area
98
Density / Sq Mi
$71,801
Median Household Income
$41,525
Median Earnings
$849
Median Rent
$203,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Office, studio, workshop, storage, and garage areas support a range of commercial operations.
Where is this flex space located?
The property is located at 1412 13th Street Monroe, WI.
What is the asking price?
The asking price for this property is $379,900.
What are key features of this property?
This property features: 4,082 square feet on a 0.12‑acre lot; Main floor has office and conference rooms, restrooms, reception, and a large studio area; Lower level includes a workshop, storage, former metalworking area, and oversized garage
