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Property profile & analytics
OFF-MARKET
Commercial real estate

1035 Ctr Ave Brodhead, WI 53520

24,113 SF 0.25 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Total area 24,113 SF
Lot 0.25 ac (10,890 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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