111 Spg St Cambridge, WI 53523
- Commercial real estate
- 0.06 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 111 Spg St
- Year built
- 1920
- Lot size
- 0.06 lot acres
- Property type
- Commercial real estate
- APN
- 0612-121-6141-5
- APU
- 61212161415
Description
This exceptional 2,500 square foot commercial building presents a rare opportunity to own a thriving business and comfortable living space in the heart of Cambridge, Wisconsin. Located at 111 Spring Street, this property boasts a desirable street-level retail or office space, perfectly suited for a variety of businesses. The open layout offers flexibility for customization to meet specific operational needs. Upstairs, a spacious living area provides a private and convenient residential space, complete with a private backyard patio and deck – ideal for relaxation or entertaining. The 0.06-acre lot offers a manageable outdoor space. The asking price for this unique property is $285,000. This combined commercial and residential property offers a unique blend of work and living, eliminating the commute and providing a significant advantage for business owners. The building's central location in downtown Cambridge ensures high visibility and accessibility for customers and clients. This is a truly exceptional opportunity to acquire a versatile and well-situated property in a thriving Wisconsin community. Don't miss out on this chance to own a piece of Cambridge's vibrant downtown. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $300,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $315,000
- 6.5%
- $320,000
- 7%
- $355,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $360,000
- Geo Method
- $375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $300,000
- Retail
- $275,000
- Mixed-Use
- $305,000
- Hospitality
- $350,000
- Educational
- $310,000
- Residential Income
- $370,000
- Energy
- $270,000
- Income-Based Land
- $315,000
- Food Service
- $315,000
Location Insight
- Map
- Local Demand
- City
- Cambridge
- County
- Dane
- State
- Wisconsin
- Longitude
- -89.0166
- Latitude
- 43.0032
- CBSA code
- 31540
- CBSA name
- MADISON, WI METROPOLITAN STATISTICAL AREA