Flex and Showroom
1805 Prairie Avenue Beloit, WI 53511
New
1805 Prairie Avenue, Beloit, WI, 53511
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For Sale
Contact for pricing
Versatile flex/showroom building with heavy three-phase power, partial basement storage, and former cooler/freezer areas.
Property Size29,739 SF
Lot Size4.60 Acres
Price / SF$60.36
Days on Market4
Property Features for 1805 Prairie Avenue
General Information
- Standard status
- Active
- Size
- 29,739 SF
- Lot size
- 4.60 Acres
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1973
Listing Agency
Founders 3 Real Estate Services Office & Industrial Brokerage Division
(414) 218-8343
Listed by
Brian Flood · License #WI 90030-94
Source
Crexi
Added: Jul 18 Updated: Jul 20 at 3:41 am Checked: Jul 20 at 3:41 am
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 Founders 3 Real Estate Services Office & Industrial Brokerage Division
Investment Insights
Based on property information with market context.
This versatile flex/showroom commercial building offers approximately 29,739 SF within a larger 4.6-acre parcel. The property includes heavy three-phase power and includes former cooler and freezer areas, supported by a partial basement for additional storage.
Located at 1805 Prairie Avenue in Beloit, WI, the site is described as having high visibility along Prairie Avenue. The building is available for sale or lease.
Separately, an established business is also available for purchase.
Located at 1805 Prairie Avenue in Beloit, WI, the site is described as having high visibility along Prairie Avenue. The building is available for sale or lease.
Separately, an established business is also available for purchase.
Key Highlights
- 29,739 SF commercial flex/showroom building built in 1973
- 4.6‑acre parcel with high visibility along Prairie Avenue (1805 Prairie Avenue, Beloit, WI 53511)
- Heavy three‑phase power available
Local Financial Insights For Industrial
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 | $121.3k | $4.08 |
| − Vacancy | −$3.2k | −$0.11 |
| EGI | $118.2k | $3.97 |
| − OpEx | −$35.5k | −$1.19 |
| NOI | $82.7k | $2.78 |
29,739 SF · lease $4.08/SF/yr · vacancy 2.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$5.13M
$4.49M – $5.98M
NOI $358,974 @ 7.0% cap · market cap 20.00%
Second Best
Flex RnD
$5.01M
$4.38M – $5.85M
NOI $350,730 @ 7.0% cap · market cap 19.54%
Theoretical Best
Office A
$7.15M
$6.25M – $8.34M
NOI $500,258 @ 7.0% cap · market cap 27.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Wahl's Appliance & Mattress
Home Appliance Store
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Versatile flex/showroom building with heavy three-phase power, partial basement storage, and former cooler/freezer areas.
Where is this flex space located?
The property is located at 1805 Prairie Avenue Beloit, WI.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 29,739 SF commercial flex/showroom building built in 1973; 4.6‑acre parcel with high visibility along Prairie Avenue (1805 Prairie Avenue, Beloit, WI 53511); Heavy three‑phase power available
