301-303-305-307 Madison Avenue Fort Atkinson, WI 53538
COMMERCIAL - Fort Atkinson, WI
Property Features for 301-303-305-307 Madison Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- COMM
- Interior features
- Private Restrooms
- Standard status
- Active
- APN
- 22605140411123
- Size
- 4,289 SF
- Lot size
- 0.32 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7744
Building Details
- Year built
- 1960
- Number of units
- 4
- Roof type
- Composition
Listing agent Shelly Cronin License #475206353 (608) 449-3355
Listing office Century 21 Affiliated 120 W Grand Ave, Madison, WI (608) 365-1481
Listing date Feb 18, 2026
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.
According to the listing remarks, the property is situated on a high-traffic street and offers plenty of off-street parking, supporting convenient customer access. The current setup is described as fully rented, and the listing notes that long-term owners are prepared to transition the property to the next owner.
Key Highlights
- Private restrooms
- Composition roof
- Year built: 1960
Local Financial Insights For Specialty 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 | $58.2k | $13.56 |
| − Vacancy | −$2.4k | −$0.57 |
| EGI | $55.7k | $12.99 |
| − OpEx | −$13.9k | −$3.25 |
| NOI | $41.8k | $9.74 |
