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Property profile & analytics
OFF-MARKET
Commercial real estate

1004 17th Ave Monroe, WI 53566-2005

0.08 ac lot
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US92-3086138
Property summary
AI-generated overview

This exceptional investment opportunity presents a rare chance to acquire a historic two-story commercial building situated on Monroe, Wisconsin's vibrant town square. The 3,485 square foot building, constructed in 1910, currently houses two commercial units, one of which is a thriving, long-established chocolate shop, offering immediate income potential. The building sits on a 0.08-acre lot and includes 5 parking spaces. The upper level, spanning the entire footprint of the building, presents a wealth of versatile space, ideal for conversion into apartments, modern office space, or creative studios. The property is zoned CMU, providing flexibility for a variety of uses. The building's prime location on the town square ensures high foot traffic and excellent visibility, making it an attractive proposition for a wide range of businesses. This unique property offers a blend of established income and significant upside potential, making it an exceptional investment in the heart of a thriving downtown area. Square footage and room dimensions are approximate; buyers are advised to verify if important. The property's APN is 251-0022.0000. Earnest money should be submitted using Trust Funds.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.08 ac (3,485 SF)
APN 23-251-22.0000
UPID US92-3086138
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
Current use
Occupant on record · Public records
  • Chocolate Temptation Specialty Food Shop Candy Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Polar Opposites LLC · 7 yrs held
Polar Opposites LLC
since 2019
Last sale
$400,000
1 recorded transaction
2019
$225,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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