107 Baker St, Waunakee, WI 53597
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.