Light Industrial Flex
606 10th Street Monroe, WI 53566
For Sale
$290,000
COMMERCIAL - Monroe, WI
Property Size3,304 SF
Lot Size0.40 Acres
Price / SF$87.77
Days on Market42
Property Features for 606 10th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Comm
- Interior features
- Overhead doors, Private Restrooms, Signage available, Inside storage, Outside storage, Private office(s)
- Standard status
- Active
- APN
- 251-2392.0000
- Size
- 3,304 SF
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4098
Building Details
- Year built
- 1996
- Number of units
- 1
- Roof type
- Metal
- Additional Structures
- Storage
Listing Agency:
Madcityhomes.Com
(608) 438-3150
Listed By:
Stuart Meland · License #5124290
(608) 438-3150
Added: Jun 13
Changed: Jul 23
Last Checked: Jul 24 at 12:06AM
MLS# 2016212
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.
Investment Insights
Based on property information with market context.
This commercial flex warehouse includes a central bathroom and a 12x10 office. The building is supported by 3-phase 480 electrical service, and the layout is described as suitable to divide into 2 to 4 leasable areas, each with floor drains and heat. Video surveillance equipment is included with the property.
Located at 606 10th Street in Monroe, Wisconsin, the building provides easy access to Hwy 69. The property is identified with commercial zoning (and described in the remarks as light industrial), supporting flexible use for a range of light industrial and flex occupancy needs.
The current site is listed as approximately 0.4 acres, with total building size shown as 3,304 square feet.
Located at 606 10th Street in Monroe, Wisconsin, the building provides easy access to Hwy 69. The property is identified with commercial zoning (and described in the remarks as light industrial), supporting flexible use for a range of light industrial and flex occupancy needs.
The current site is listed as approximately 0.4 acres, with total building size shown as 3,304 square feet.
Key Highlights
- Commercial flex building with light industrial zoning in Monroe
- Metal roof; built in 1996
- 3‑phase 480 electrical
Financial Insights For Warehouse
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 | $25.8k | $7.80 |
| − Vacancy | −$850 | −$0.26 |
| EGI | $24.9k | $7.54 |
| − OpEx | −$3.7k | −$1.13 |
| NOI | $21.2k | $6.41 |
3,304 SF · lease $7.80/SF/yr · vacancy 3.30% · expense 15.00%
Alternative Uses
Best Use
Flex RnD
$392.8K
$343.7K – $458.3K
NOI $27,498 @ 7.0% cap · market cap 9.48%
Second Best
Warehouse
$302.6K
$264.8K – $353.1K
NOI $21,183 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$965.1K
$844.5K – $1.13M
NOI $67,560 @ 7.0% cap · market cap 23.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - Flex warehouse features 3-phase 480 power, floor drains and heat, plus a central bathroom and 12x10 office.
Where is this flex space located?
The property is located at 606 10th Street Monroe, WI.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: Commercial flex building with light industrial zoning in Monroe; Metal roof; built in 1996; 3‑phase 480 electrical
