123 Henry St Edgerton, WI 53534
- Medical offices
- 600 SF
- 0.20 lot acres
Current Use by Public Records
- Kodachrome Artistry / Hair Salon
Property Details for 123 Henry St
- Year built
- 1900
- Lot size
- 0.20 lot acres
- Property size
- 600 SF
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 6-26-696
- APU
- 626696
Description
This exceptional 3,000 square foot commercial property, situated on a 0.2-acre lot at 123 N Henry Street in Edgerton, Wisconsin, presents a compelling investment opportunity. The building boasts newer windows and flooring throughout, significantly reducing maintenance needs. The lower level is currently generating rental income, with two tenants occupying separate spaces at a monthly rent of $275 each. This area features an open layout, a half bath, and ample storage, currently configured as a salon and barber shop. The upper level offers versatile space, ideal for a variety of business uses. This area includes a spacious 21x20 open area, three private offices, a kitchenette, and a half bath, with readily available space for the addition of another half bath. The property is well-suited for an investor seeking a stable rental income stream or a business owner requiring a functional and updated workspace. Most major renovations have already been completed, allowing for a seamless transition and the opportunity to personalize the space to meet specific needs. The asking price is $145,000. This is a rare chance to acquire a well-maintained commercial property in a desirable location with immediate income potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $130,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $145,000
- 6.5%
- $125,000
- 7%
- $145,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $125,000
- Geo Method
- $140,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $130,000
- Retail
- $155,000
- Mixed-Use
- $145,000
- Hospitality
- $135,000
- Educational
- $125,000
- Residential Income
- $150,000
- Energy
- $120,000
- Income-Based Land
- $160,000
- Food Service
- $160,000
Location Insight
- Map
- Local Demand
- City
- Edgerton
- County
- Rock
- State
- Wisconsin
- Longitude
- -89.0689
- Latitude
- 42.8352
- CBSA code
- 27500
- CBSA name
- JANESVILLE, WI METROPOLITAN STATISTICAL AREA