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Property profile & analytics
OFF-MARKET
Commercial real estate

1015 1st Ctr Ave Brodhead, WI 53520-1421

0.04 ac lot
Entity Owned 2-yr Hold Free & Clear
Property ID
US92-3440518
Property summary
AI-generated overview

This exceptional 2,044 square foot commercial property, located at 1015 1st Center Avenue in the heart of historic downtown Brodhead, Wisconsin, presents a unique investment opportunity. Completely remodeled and priced to sell at $249,900, this building offers significant versatility. The main level features a street-level commercial space complete with a bathroom and a substantial storage area in the rear. Upstairs, two separate units are available, sharing a common bathroom and closet. The property's thoughtful design also includes plumbing already in place for a potential studio apartment in the rear of the upper level, adding further income potential. This adaptable layout allows for a variety of uses, from establishing your own business and renting out the remaining spaces to generating income solely through rental operations. The building sits on a 0.04-acre lot. It's important to note that the stairwell and hallway are considered easements shared with the adjacent properties to the north and south. Serious inquiries are encouraged, as sellers are reviewing all offers. Don't miss this chance to own a piece of Brodhead's vibrant downtown.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.04 ac (1,742 SF)
APN 23-206-441.0000
UPID US92-3440518
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
  • Wealth Management Consultant
  • Arn Jared Financial Advisor
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
Shager Bellard Enterprise LLC · 2 yrs held
Shager Bellard Enterprise LLC
since 2024
Last sale
$70,000
3 recorded transactions
2024
$70,000
2021
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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