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Property profile & analytics

1004 17th Ave Monroe, WI 53566-2005

  • Commercial real estate
  • 0.08 lot acres
OFF-MARKET
Last Sale
Nov 08, 2024
$400,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US92-3086138
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Chocolate Temptation / Ice Cream Shop / Chocolate Shop

Property Details for 1004 17th Ave

Lot size
0.08 lot acres
Property type
Commercial real estate
APN
23-251-22.0000
APU
23251220000

Description

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.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Monroe
County
Green
State
Wisconsin
Longitude
-89.6383
Latitude
42.6019
CBSA code
31540
CBSA name
MADISON, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,365
$23,500
$240,700
$264,200
-
$23,521
$240,915
$264,436
More about this property
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