Flex Building with Overhead
New
For Sale
$290,000
606 10th Street, Monroe, WI 53566
COMMERCIAL - Monroe, WI
Property Size3,304 SF
Lot Size0.40 Acres
Price / SF$87.77
Days on Market1
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)
Lot features
Business district, Free standing, Near Major Highway
Directions
wy 69 S to W on 8th St, L on 6th Ave, L on 10th St.
Subdivision
MONROE - C
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: Aug 5
Last Checked: Aug 5 at 7:06PM
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 3,304-square-foot commercial flex building sits on 0.4 acres and was constructed in 1996. The property includes overhead doors, inside and outside storage, signage availability, private restrooms, and a 12x10 office. A central bathroom and floor drains support flexible interior use, while 3 phase 480 electrical service broadens the building’s functional capacity. The metal roof and included video surveillance equipment add to the existing improvements.
The property is located at 606 10th Street in Monroe, Wisconsin, with access to Highway 69. Zoned Comm, the building can be configured into 2-4 leasable areas, with each area designed to include floor drains and heat. This layout provides a practical framework for separating operations or accommodating multiple occupants.
The property is located at 606 10th Street in Monroe, Wisconsin, with access to Highway 69. Zoned Comm, the building can be configured into 2-4 leasable areas, with each area designed to include floor drains and heat. This layout provides a practical framework for separating operations or accommodating multiple occupants.
Key Highlights
- 3,304 square feet on 0.4 acres
- 3 phase 480 electrical service
- Can be divided into 2‑4 leasable areas
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 | $25.8k | $7.80 |
| − Vacancy | −$850 | −$0.26 |
| EGI | $24.9k | $7.54 |
| − OpEx | −$7.5k | −$2.26 |
| NOI | $17.4k | $5.28 |
3,304 SF · lease $7.80/SF/yr · vacancy 3.30% · expense 30.00%
Alternative Uses
Best Use
Flex RnD
$392.8K
$343.7K – $458.3K
NOI $27,498 @ 7.0% cap · market cap 9.48%
Second Best
Industrial
$249.2K
$218.1K – $290.8K
NOI $17,445 @ 7.0% cap · market cap 6.02%
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
612
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
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Commercial flex space with three-phase power, adaptable interior areas, and access to Highway 69.
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: 3,304 square feet on 0.4 acres; 3 phase 480 electrical service; Can be divided into 2‑4 leasable areas
