Contractor Shop Condo
6-7539 Us Hwy 14 Arena, WI 53503
For Sale
$215,000
Unit 6 is a contractor shop condo within an approved 8-unit commercial condominium project.
Property Size1,525 SF
Lot Size1.75 Acres
Price / SF$140.98
Days on Market170
Property Features for 6-7539 Us Hwy 14
General Information
- Standard status
- Active
- Size
- 1,525 SF
- Lot size
- 1.75 Acres
Listing Agency:
Rodina Real Estate LLC
(608) 279-7017
Listed By:
Aaron Boehnen · License #11217894
(608) 279-7017
Source:
Exprealty
Added: Feb 4
Changed: Jul 23
Last Checked: Jul 23 at 5:42PM
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 Rodina Real Estate LLC
Investment Insights
Based on property information with market context.
Unit 6 at Buck Ridge Shops Condominium is a commercial contractor shop condo space with approximately 1,525 SF. The project is an approved 8-unit commercial condominium and allows professional office, trade, contractor, service, warehouse, and office/storage uses. Current CUPs include office, storage, and operations for multiple contractor/trade uses, and the stated use limitation is office/storage only, with no onsite sales.
A driveway entrance to be completed to DOT-approved specifications prior to closing is noted in the transaction remarks. Association documents govern signage and shared easements.
In addition to single-unit availability, the remarks also indicate a multi-unit purchase option is available, and additional CUPs may be considered by the Town/County.
A driveway entrance to be completed to DOT-approved specifications prior to closing is noted in the transaction remarks. Association documents govern signage and shared easements.
In addition to single-unit availability, the remarks also indicate a multi-unit purchase option is available, and additional CUPs may be considered by the Town/County.
Key Highlights
- 1.746‑acre, approved 8‑unit commercial condominium project for professional office, trade, contractor, service, warehouse, and office/storage uses
- Unit 6 contractor shop condo offers approx. 1,525 SF
- Current CUPs include office, storage, and operations for multiple contractor/trade uses
Financial Insights For Flex RnD
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 | $20.1k | $13.20 |
| − Vacancy | −$604 | −$0.40 |
| EGI | $19.5k | $12.80 |
| − OpEx | −$6.8k | −$4.48 |
| NOI | $12.7k | $8.32 |
1,525 SF · lease $13.20/SF/yr · vacancy 3.00% · expense 35.00%
Alternative Uses
Best Use
Office B
$367.5K
$321.6K – $428.8K
NOI $25,726 @ 7.0% cap · market cap 11.97%
Second Best
Flex RnD
$181.3K
$158.7K – $211.5K
NOI $12,692 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$445.5K
$389.8K – $519.7K
NOI $31,183 @ 7.0% cap · market cap 14.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Unit 6 is a contractor shop condo within an approved 8-unit commercial condominium project.
Where is this flex space located?
The property is located at 6-7539 Us Hwy 14 Arena, WI.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 1.746‑acre, approved 8‑unit commercial condominium project for professional office, trade, contractor, service, warehouse, and office/storage uses; Unit 6 contractor shop condo offers approx. 1,525 SF; Current CUPs include office, storage, and operations for multiple contractor/trade uses
