1035 Ctr Ave Brodhead, WI 53520
This exceptional commercial investment opportunity encompasses two strategically located buildings at 1035 & 1101 1st Center Avenue in Brodhead, Wisconsin. The property boasts a combined total of 24,113 square feet situated on a 0.25-acre lot. Currently, the first floors of both buildings are occupied by a mix of retail and office tenants, generating consistent income to cover operating expenses. This provides a stable foundation for immediate cash flow. The significant value-add potential lies in the second and third floors of each building. These currently underutilized spaces present a unique opportunity for expansion. The existing structure allows for the addition of substantial office space, or alternatively, the development of 8 to 14 residential apartment units. The current lease agreements are gross leases, and the presence of small vacancies offers immediate potential to increase profitability through lease-up. This property is priced at $1,140,000 and presents a compelling investment opportunity for those seeking strong returns and significant upside potential in a desirable Wisconsin location. The buildings are well-maintained and situated in the heart of Brodhead, offering excellent visibility and accessibility. This is a rare chance to acquire a multi-faceted commercial property with immediate income and substantial future development possibilities.
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
Similar Nearby for Sale
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.