601 Union St Mauston, WI 53948
- Commercial real estate
- 2.04 lot acres
Current Use by Public Records
- Mauston True Value Hardware / Key Duplication Service / Tool Rental Service
Property Details for 601 Union St
- Lot size
- 2.04 lot acres
- Property type
- Commercial real estate
- APN
- 292511649
- APU
- 292511649
Description
This exceptional 10,000 square foot retail storefront, situated on a generous 2.3-acre lot in Mauston, Wisconsin, presents a unique investment opportunity. The property boasts 100% occupancy with a single tenant under a net lease. The building is a single-story structure, zoned for commercial use, offering significant potential for expansion or redevelopment. Located at 601 N Union St, Mauston, WI 53948, this property benefits from high visibility and a strong local presence. The asking price is $1,200,000. The current lease has expired, providing the new owner with complete control and flexibility. This established business presents a rare chance to acquire a substantial commercial property in a thriving community. The ample land provides significant room for future growth and development, catering to a variety of business ventures. This is an exceptional opportunity for investors seeking a stable, income-generating asset with significant upside potential. The property's prime location and substantial size make it an ideal investment for both experienced entrepreneurs and those seeking a strong foothold in the Wisconsin market. The property is offered at 100% ownership.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $275,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $425,000
- 6.5%
- $375,000
- 7%
- $445,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $430,000
- Geo Method
- $375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $415,000
- Retail
- $425,000
- Mixed-Use
- $370,000
- Hospitality
- $385,000
- Educational
- $405,000
- Residential Income
- $350,000
- Energy
- $380,000
- Income-Based Land
- $370,000
- Food Service
- $435,000
Location Insight
- Map
- Local Demand
- City
- Mauston
- County
- Juneau
- State
- Wisconsin
- Longitude
- -90.071
- Latitude
- 43.8039