Retail and Office Investment
674 W Mulberry St Baraboo, WI
For Sale
Contact for pricing
Multi-tenant retail and office property in Baraboo, Wisconsin.
Property Size1,347 SF
Lot Size0.68 Acres
Price / SF$308.09
Days on Market305
Property Features for 674 W Mulberry St
General Information
Standard status
Active
Size
1,347 SF
Lot size
0.68 Acres
Property subtype
RETAIL
Listing Agency:
Colliers - Madison
(608) 826-9500
Listed By:
Chris Richards · License #9043694
(608) 628-5895
Source:
Moodyscre
Added: Sep 26, 2025
Changed: Jul 6
Last Checked: Jul 22 at 4:01AM
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 Colliers - Madison
Investment Insights
Based on property information with market context.
Mulberry Corner is a 10,757 square foot multi-tenant retail and office property located in Baraboo, Wisconsin. Currently, the property is 87% occupied with a diverse tenant mix. Based on the existing rent roll, the Year 1 Net Operating Income (NOI) is $35,890. There are two suites available for lease, offering potential for increased cash flow through new tenancy. This property presents an opportunity in the growing Baraboo market.
Key Highlights
- Multi‑tenant retail and office property with 10,757 square feet.
- Currently 87% occupied, indicating stable income.
- Year 1 NOI of $35,890 based on existing rent roll.
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 | $20.2k | $15.00 |
| − Vacancy | −$808 | −$0.60 |
| EGI | $19.4k | $14.40 |
| − OpEx | −$5.8k | −$4.32 |
| NOI | $13.6k | $10.08 |
1,347 SF · lease $15.00/SF/yr · vacancy 4.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$194.0K
$169.7K – $226.3K
NOI $13,578 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$272.7K
$238.6K – $318.1K
NOI $19,086 @ 7.0% cap · market cap 4.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail and office property in Baraboo, Wisconsin.
Where is this shopping center located?
The property is located at 674 W Mulberry St Baraboo, WI.
What is the asking price?
The asking price for this property is $415,000.
What are key features of this property?
This property features: Multi‑tenant retail and office property with 10,757 square feet.; Currently 87% occupied, indicating stable income.; Year 1 NOI of $35,890 based on existing rent roll.
