Property summary
This exceptional mixed-use property, located at 245 E Main St in Sun Prairie, Wisconsin, presents a compelling investment opportunity. The 5,700 square foot building, constructed in 1894 with multiple renovations, boasts a prime downtown location, offering immediate cash flow. Currently 100% occupied with four tenants, including Sun Prairie Flowers by Hen and Chick, the retail space enjoys a long-term lease with a built-in option to extend to 2031. The four apartment units, featuring… desirable amenities such as exposed brick and updated kitchens, are all currently under-rented, providing significant upside potential for rental income. The property sits on a 0.091-acre lot and is zoned commercial (Comm). With a stabilized investment profile, a 6.00% cap rate, and a $850,000 asking price ($148.42/sq ft and $212,500/unit), this asset offers a strong return on investment. The building features two stories and benefits from a 3% annual rent bump provision in the leases. The property's convenient location places it within walking distance of local restaurants and the farmer's market, ensuring high visibility and tenant appeal. Lease options are available, adding further flexibility for the future owner. The property's Dane County location (APN: 0811-054-4089-2) and strong tenant history make this a truly attractive investment. The current leases have approximately six years remaining. This is a rare opportunity to acquire a well-positioned, income-producing property in a thriving Wisconsin community.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 5,727 SF
- Lot area
- 0.09 ac
- Year built
- 1894
- Stories
- 2
- APN
- 0811-054-4089-2
- Assessed value · 2023
- $571,600
- Annual tax · 2022
- $11,318
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
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- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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