1012 4Th Ave Monroe, WI 53566
This exceptional commercial property, located at 1012 W 4th Avenue in Monroe, Wisconsin, presents a remarkable investment opportunity. The substantial 47,496 square foot cement block building sits on a generous 2.2-acre lot, offering ample space and potential for a variety of uses. The property boasts extensive parking, recently seal-coated in 2023, ensuring convenient access for customers and employees. The building's interior features a wide-open floor plan with a 30' x 37.5' column spacing, providing flexibility for customized layouts. Two loading docks and one overhead door facilitate efficient loading and unloading, catering to businesses with logistical needs. The property's urban mixed-use zoning allows for a diverse range of commercial ventures, including retail spaces, offices, professional services, commercial kitchens, indoor entertainment venues, restaurants, daycare centers, and even specialized operations such as cheese packaging and slicing. While these are examples of suitable uses, further exploration of potential applications is possible, subject to city approval. This property's size, location, and zoning make it an ideal investment for entrepreneurs and businesses seeking a versatile and spacious commercial space in a thriving area. The asking price is $1,800,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.