Property profile

609 Pne St Burlington, WI 53105

OFF-MARKET
Commercial real estate
Property ID
US92-1196339
6,132 SF 0.04 ac lot Built 1975
Entity Owned 21-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional commercial property, located in the heart of downtown Burlington, Wisconsin, presents a unique investment opportunity. The offering encompasses two distinct parcels of land, identified as tax key parcel numbers 206-03-19-32-016-001 and 206-03-19-32-016-000, totaling 9,548 square feet of versatile multi-use office space. The property's address is split between 609 North Pine Street and 549 Milwaukee Avenue, providing excellent visibility and accessibility within the bustling downtown area. The substantial square footage allows for a variety of commercial uses, making it ideal for businesses seeking a prominent location with ample space. The 0.1-acre lot provides convenient parking and potential for future expansion. This property is priced at $680,000 and offers a significant return on investment for the discerning buyer. The strategic location and substantial size make this a rare opportunity to acquire a substantial commercial property in a thriving Wisconsin community. The dual parcel nature of the property offers flexibility and potential for future development or separate leasing opportunities. This is a turnkey solution for businesses seeking a well-established presence in a vibrant downtown setting. Serious inquiries are encouraged to explore the full potential of this exceptional commercial offering.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1975
Total area 6,132 SF
Lot 0.04 ac (1,742 SF)
APN 206 031932016000
UPID US92-1196339

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

609 Pne St Burlington, WI 53105-1455
Burlington metro Census 2401 RACINE, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2005
6 recorded transactions
2018
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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