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    FOR SALE
    Commercial real estate

    107 Baker St, Waunakee, WI 53597

    0.5 ac lot
    Individually Owned 6-yr Hold Free & Clear
    Property ID
    US92-0298519
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 107 Baker Street in the heart of Waunakee, Wisconsin, presents a unique investment opportunity. Boasting a substantial 13,000 square feet spread across two levels, this property offers versatile space ideal for a variety of commercial uses. Currently, the ground floor is leased to a restaurant, providing immediate rental income. The main floor's adaptable layout is perfect for a venue hall, retail space, or a combination thereof. Some remodeling has already been completed, simplifying the transition for a new owner. Upstairs, a spacious office area offers further income potential, either through leasing or internal use. The property sits on a half-acre lot, providing ample space and visibility. The seller is open to lease offers in addition to outright purchase. This property is being sold "AS IS," reflecting its current condition and offering an opportunity for customization to meet the buyer's specific needs. With its prime downtown location and significant square footage, this property represents a strong investment in a thriving Wisconsin community. The existing restaurant lease provides a stable income stream while the upper level office and adaptable main floor offer significant upside potential. Don't miss this chance to acquire a substantial commercial property in a desirable location.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.5 ac (21,780 SF)
    APN 0809-053-7716-4
    UPID US92-0298519
    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
    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
    Rong Chen · 6 yrs held
    Rong Chen
    since 2019
    7 recorded transactions
    2024
    2024
    2019
    2019
    2008
    $521,000
    2008
    $345,000
    2004
    $450,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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