200 Main St Waunakee, WI 53597-1130
This exceptional commercial property at 200 W Main Street, Waunakee, WI, presents a unique investment opportunity. The 0.25-acre corner lot boasts two adjoining buildings totaling 6,656 square feet of finished space, offering a blend of commercial and residential uses. The main building, 200 W Main Street, houses the established Wana Bike shop, occupying a significant portion of its 4,160 square feet. Above the shop are three residential apartments: two two-bedroom units on the upper level and one one-bedroom unit on the lower level. A full basement adds further potential. The adjacent building, 204 W Main Street, comprises 2,496 square feet and features two separate commercial office spaces, each with a private kitchen and shared bathroom facilities. A convenient shared breezeway connects the buildings. A substantial 928-square-foot detached garage provides ample storage. The property also includes a newly paved parking lot with over ten off-street parking spaces, ensuring convenient access for tenants and customers. This prime location in Waunakee offers excellent visibility on West Main Street, close proximity to local amenities, shops, restaurants, parks, and schools, making it an ideal investment for a variety of commercial ventures. The asking price is $849,900.
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.