Mixed-Use Building with
18 E Hudson Street #4, Mazomanie, WI 53560
For Sale
$499,000
Two apartments accompany the commercial spaces, creating a mix of residential and business occupancy.
Property Size4,262 SF
Price / SF$117.08
Days on Market107
Property Features for 18 E Hudson Street #4
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Additional Details
Mixed-Use Components
Multifamily Units
Tenant in Place
Amenities
basement storage
outdoor space
Building Details
Building Size
Year Built
Buildings
Units
Tenancy
Listing Agency:
Real Broker LLC
(855) 450-0442
Listed By:
Holly Lovell · License WI 87558-94
(563) 581-3113
Source:
Geigerrealtors
Added: Jul 26
Changed: Nov 8
Last Checked: Nov 8 at 10:59PM
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 Real Broker LLC
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Investment Insights
Based on property information with market context.
Built in 1898, this 4,262-square-foot mixed-use property contains two commercial storefronts and two residential apartments. Plumbing and electrical work was updated in 2021. The building also has basement storage, outdoor space, and eight off-street parking spaces. Commercial zoning applies, and a liquor license may be included in a sale.
The property is on Hudson Street in downtown Mazomanie, near Black Earth Creek. Established businesses occupy the commercial spaces, while the apartments generate rental income.
The property is on Hudson Street in downtown Mazomanie, near Black Earth Creek. Established businesses occupy the commercial spaces, while the apartments generate rental income.
Key Highlights
- Two commercial storefronts and two residential apartments
- 4,262 square feet; built in 1898
- Plumbing and electrical updates completed in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,858
Cap Rate
8.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,160
$817.2K
Cap Rate 7%
$583,686
$583.7K
Cap Rate 9%
$453,978
$454.0K
Market Conditions
NOI Build-Up for 4,262 SF
Gross rent
$63.9K $15.00/SF
− Vacancy
−$5.6K −$1.31/SF
EGI
$58.4K $13.70/SF
− OpEx
−$17.5K −$4.11/SF
NOI
$40.9K $9.59/SF
Area
Dane County, WI
Vacancy
8.70%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$817,160
Cap Rate 7%
$583,686
Cap Rate 9%
$453,978
Alternative Uses
Best Use
Mixed Use
$739.8K
$647.3K – $863.1K
NOI $51,783 @ 7.0% cap · market cap 10.38%
Second Best
Retail
$583.7K
$510.7K – $681.0K
NOI $40,858 @ 7.0% cap · market cap 8.19%
Theoretical Best
Office A
$990.4K
$866.6K – $1.16M
NOI $69,328 @ 7.0% cap · market cap 13.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
188
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Dining 28%
Mobil
Shops & Services
3,820 visits/mo
0.4 miles
SUBWAY
Dining
2,345 visits/mo
0.4 miles
Mazo Hardware & Rental
Shops & Services
2,250 visits/mo
0.4 miles
Demographics for 53560, WI
3,714
Population
1,546
Households
2.4
Avg Household Size
45
Median Age
31%
College-Educated
97%
High-School Grad
60.1 sq mi
ZIP Area
62
Density / Sq Mi
$93,516
Median Household Income
$51,892
Median Earnings
$1,068
Median Rent
$328,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Two apartments accompany the commercial spaces, creating a mix of residential and business occupancy.
Where is this mixed-use property located?
The property is located at 18 E Hudson Street #4 Mazomanie, WI.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two commercial storefronts and two residential apartments; 4,262 square feet; built in 1898; Plumbing and electrical updates completed in 2021
