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Property profile & analytics
OFF-MARKET
Office Spaces

803-805 Main St Verona, WI 53593

4,640 SF 0.34 ac lot Built 1967
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully leased, two-unit duplex located at 803-805 N Main St, Verona, WI 53593. The property, boasting 4,640 square feet on a 0.338-acre corner lot, is zoned for Neighborhood Office use, offering significant redevelopment potential. Currently operating as a 100% occupied residential duplex, it comprises a three-bedroom and a two-bedroom apartment, each equipped with washer/dryer and appliances. The building, constructed in 1967, includes a lower-level two-car garage and basement space. Tenants are responsible for water, sewer, gas, and heat. The property's strategic location across from Badger Middle School and adjacent to the recently developed 100-unit Oakmont Senior Housing (on a separate 3.4-acre site at 841 N Main St) presents a compelling case for future development. This Class B multifamily/office property is listed at $625,000 and offers a strong return on investment, whether maintained as a leased property or redeveloped to capitalize on the favorable zoning and prime location. The property's two parking spaces add to its appeal. Recent changes in Verona zoning regulations further enhance the property's versatility and future prospects.

Property profile
Verified
Property type Office Spaces
Year built 1967
Total area 4,640 SF
Lot 0.34 ac (14,723 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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