Flex Space with Overhead
For Sale
$290,000
606 10th Street, Monroe, WI 53566
Business/Comm, Monroe, WI
Property Size3,304 SF
Lot Size0.40 Acres
Price / SF$87.77
Days on Market73
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
Listed By:
Stuart Meland · License #5124290
(608) 438-3150
Added: Aug 5
Changed: Aug 31
Last Checked: Oct 16 at 7:06AM
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.
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Investment Insights
Based on property information with market context.
This 3,304-square-foot commercial flex building sits on 0.4 acres and was built in 1996. The layout includes overhead doors, floor drains, heat, a central private restroom, and a 12x10 office. Interior and exterior storage areas provide additional space for operations and materials, while available signage supports business identification.
The building includes 3 phase 480 electrical service and video surveillance equipment. Its configuration may accommodate division into 2-4 leasable areas, with each area designed around floor drains and heat. Easy access to Hwy 69 adds a practical transportation connection for commercial users.
The building includes 3 phase 480 electrical service and video surveillance equipment. Its configuration may accommodate division into 2-4 leasable areas, with each area designed around floor drains and heat. Easy access to Hwy 69 adds a practical transportation connection for commercial users.
Key Highlights
- 3,304 SF commercial flex building on 0.4 acres
- 3 phase 480 electrical service
- Potential division into 2‑4 leasable areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,445
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,900
$348.9K
Cap Rate 7%
$249,214
$249.2K
Cap Rate 9%
$193,833
$193.8K
Market Conditions
NOI Build-Up for 3,304 SF
Gross rent
$25.8K $7.80/SF
− Vacancy
−$850 −$0.26/SF
EGI
$24.9K $7.54/SF
− OpEx
−$7.5K −$2.26/SF
NOI
$17.4K $5.28/SF
Area
Green County, WI
Vacancy
3.30%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,900
Cap Rate 7%
$249,214
Cap Rate 9%
$193,833
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.
How Realmo checks its estimates
Property Analytics
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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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Commercial building with divisible work areas, private office space, and convenient access to Hwy 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 SF commercial flex building on 0.4 acres; 3 phase 480 electrical service; Potential division into 2‑4 leasable areas
