225 Blue Mounds St Mount Horeb, WI 53572
This exceptional 10,294 square foot flex space in Mount Horeb, Wisconsin, presents a unique owner-user opportunity. Located at 225 S Blue Mounds St, this property boasts a prime location on the west side of town, offering easy access to Highways 18/151 and 78. The property comprises two buildings constructed in 1986 and 1996, situated on a 0.82-acre lot with Commercial zoning. The original 6,320 square foot building features six offices, a conference room, kitchen, open area, large bathrooms, a shower room, and a walk-in cooler (currently unused for cold storage). A 3,974 square foot warehouse addition includes a loading dock, a separate garage with a 20x10 overhead door, and ceiling heights ranging from 10'3" to 11'3". The property benefits from 3-phase, 400-amp, 120/208-volt electrical service. While a driveway off Garfield Street is not an easement, additional parking could be added to the existing drop-off area. Currently tax-exempt, the property is available for occupancy around May 2025. The seller is willing to leaseback for up to two months or until their new building is complete. Closing is anticipated after March 1st, 2025. This property is ideally situated near the Mount Horeb Fire Department, new apartments, and the Military Ridge Bike Trail. The asking price is $1,200,000, translating to $116.57 per square foot. This is a rare opportunity to acquire a well-maintained and strategically located flex space in a thriving community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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