Move-In Ready Medical Office
612 N Church Watertown, WI 53098
For Sale
Contact for pricing
Flexible office layout with covered accessible entry, private parking, and an x-ray room for medical or service uses.
Property Size1,623 SF
Price / SF$123.17
Days on Market58
Property Features for 612 N Church
General Information
- Standard status
- Active
- Size
- 1,623 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1920
Listing Agency:
Coldwell Banker The Realty Group
Listed By:
Mary Ellen Mackey
Source:
Crexi
Added: May 27
Changed: Jul 10
Last Checked: Jul 22 at 1:48PM
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 Coldwell Banker The Realty Group
Investment Insights
Based on property information with market context.
This move-in ready office building is designed for flexible medical and professional use. The main level features a wide covered, sloped entrance that leads into a large reception and waiting room. A hallway runs past two private offices, including one office with an x-ray room. The main level also includes one bathroom, a break room, and an open office area at the rear with a separate entrance. Upstairs offers two rooms plus a storage area. An unfinished, open basement is also included.
The property is offered for sale on Hwy 16 with a high traffic count, and it includes off-street parking. There are five private paved parking stalls, and the building is handicap accessible.
With its reception/waiting area, private offices, and an x-ray room, the building fits a medical practice. It can also support beauty services, traditional office use, or a small retail shop, depending on the tenant’s needs. The mix of private and open areas, along with a separate rear entrance, provides practical day-to-day access for a variety of customer-facing operations.
The property is offered for sale on Hwy 16 with a high traffic count, and it includes off-street parking. There are five private paved parking stalls, and the building is handicap accessible.
With its reception/waiting area, private offices, and an x-ray room, the building fits a medical practice. It can also support beauty services, traditional office use, or a small retail shop, depending on the tenant’s needs. The mix of private and open areas, along with a separate rear entrance, provides practical day-to-day access for a variety of customer-facing operations.
Key Highlights
- Move‑in ready office building built in 1920 on Hwy 16 with high traffic count and off‑street parking
- 5 private paved parking stalls and handicap‑accessible wide covered sloped entrance leading to a reception/waiting room
- Flexible interior layout with two private offices down the hallway, including one with an x‑ray room
Financial Insights For Retail
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 | $23.4k | $14.40 |
| − Vacancy | −$1.9k | −$1.15 |
| EGI | $21.5k | $13.25 |
| − OpEx | −$6.5k | −$3.97 |
| NOI | $15.1k | $9.27 |
1,623 SF · lease $14.40/SF/yr · vacancy 8.00% · expense 30.00%
Alternative Uses
Best Use
Healthcare Medical
$274.9K
$240.6K – $320.8K
NOI $19,246 @ 7.0% cap · market cap 9.63%
Second Best
Office B
$269.2K
$235.5K – $314.1K
NOI $18,843 @ 7.0% cap · market cap 9.43%
Theoretical Best
Office A
$352.6K
$308.5K – $411.3K
NOI $24,680 @ 7.0% cap · market cap 12.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
The Gym
Gym & Fitness Center
Emily Pohlen
Alternative Medicine Practice
Emily Kay Wilcox
Alternative Medicine Practice
Bruce S. Bencriscutto, ...
Alternative Medicine Practice
LSM Chiropractic of Watertown ...
Alternative Medicine Practice
FAQs
What type of property is this?
Medical Office Space - Flexible office layout with covered accessible entry, private parking, and an x-ray room for medical or service uses.
Where is this medical office space located?
The property is located at 612 N Church Watertown, WI.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Move‑in ready office building built in 1920 on Hwy 16 with high traffic count and off‑street parking; 5 private paved parking stalls and handicap‑accessible wide covered sloped entrance leading to a reception/waiting room; Flexible interior layout with two private offices down the hallway, including one with an x‑ray room
