1012 4Th Ave Monroe, WI 53566
- Lifestyle centers
- 47,496 SF
- 2.20 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 1012 4Th Ave
- Year built
- 1977
- Lot size
- 2.20 lot acres
- Property size
- 47,496 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 47,496 square foot shopping center in Monroe, Wisconsin, presents a compelling investment opportunity. Located at 1012 4th Ave W, 53566, this single-story, 1977-built property sits on a 2.2-acre lot and boasts 12 units with a current 75% occupancy rate. The building, constructed with pole and beam construction, offers significant flexibility for reconfiguration to suit a variety of commercial uses. Permitted zoning allows for mixed commercial use, including but not limited to restaurant, office, retail, daycare, boutique, and salon spaces. The property features two loading docks and one overhead door, along with ample parking recently updated with fresh seal coating in 2023. Situated on a busy corner, facing 8th Street and 4th Avenue West, this property benefits from high visibility and strong foot traffic. Operational costs are minimized as tenants are responsible for their own utilities and buildouts. The asking price is $1,800,000, representing a significant return on investment for a discerning buyer. This 100% ownership opportunity provides a rare chance to acquire a well-located, adaptable commercial property with substantial upside potential. Additional uses may be explored subject to city approval.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Monroe
- County
- Green
- State
- Wisconsin
- Longitude
- -89.6615
- Latitude
- 42.6023
