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    125 State St Burlington, WI 53105

    For Sale
    $599,000

    Executive Suites, High Visibility, NNN Lease

    Property size:
    11,532 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 11,532 square foot multi-tenant property at 125 East State Street in Burlington, Wisconsin, presents a compelling investment opportunity. Located in the heart of the business district, this building boasts high visibility with an estimated 4,100 cars passing daily, according to the Wisconsin Department of Transportation. The property features a mix of flexible lease spaces, including a commercial kitchen, retail areas, and executive office suites, catering to diverse business needs. Zoned B2, the 0.4-acre lot provides ample space and includes 24 parking spaces. Significant recent improvements include a new roof and parking lot, completed in 2022, ensuring long-term value and reduced maintenance costs. The asking price is $599,000, and the property is offered with a Net, Net, Net (NNN) lease structure. The Assessor's Parcel Number (APN) is 206031932540001. This is an owner-user opportunity with significant potential for immediate income generation and long-term appreciation. The property's strategic location and versatile layout make it an ideal investment for both seasoned investors and owner-occupiers seeking a prominent presence in a thriving Wisconsin community.

    Property Features for 125 State St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    11,532 SF
    Lot Size
    17,424 SF

    HighLights

    • Prime investment opportunity in a thriving business district.
    • Recently renovated with a new roof and parking lot (2022).
    • Versatile floor plan offering flexible lease terms, including commercial kitchen, retail, and office spaces.
    • Exceptional visibility, boasting +/- 4,100 vehicles daily on State Street (WI DOT data).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Burlington
    County
    Racine
    State
    Wisconsin
    Longitude
    -88.275595
    Latitude
    42.6760824

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    FAQs

    What type of property is this?
    Office Property / Space - Executive Suites, High Visibility, NNN Lease
    Where is this office property / space located?
    The property is located at 125 State St Burlington, WI.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: Prime investment opportunity in a thriving business district.; Recently renovated with a new roof and parking lot (2022).; Versatile floor plan offering flexible lease terms, including commercial kitchen, retail, and office spaces.
    Request Owner's contact information
    125 State St Burlington, WI 53105
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    Burlington, WI 53105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    125 State St Burlington, WI 53105
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