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Property profile & analytics

809 Station St Watertown, WI 53094

  • Commercial real estate
  • 0.76 lot acres
For Sale
Last Sale
Mar 04, 2024
$245,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US92-0903854
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Watertown Blue Revue Dance Studio / Training Center

Property Details for 809 Station St

Lot size
0.76 lot acres
Property type
Commercial real estate
APN
291-0815-0444-019
APU
29108150444019

Description

This exceptional 14,000 square foot commercial building in Watertown, WI presents a compelling investment opportunity. Situated on a sizable 0.76-acre lot, this historic property boasts five income-generating units. Two units, encompassing 9,000 square feet, are currently leased to a long-term tenant at a monthly rate of $2700, inclusive of utilities. The remaining three units generate a combined monthly income of $500, also inclusive of utilities, resulting in a total monthly income of $3200. The building features significant upgrades, including updated furnaces and electrical panels, newer rubber roofs in sections, a convenient semi-loading dock, multiple overhead doors, and impressive 15-foot high ceilings. Its strategic location and substantial size make it ideal for a variety of commercial uses. The substantial monthly income stream, coupled with the property's solid infrastructure and ample lot size, positions this as a strong, long-term investment. This is a rare opportunity to acquire a well-maintained, high-income-producing commercial property in a desirable location. The property's history and current condition combine to offer a unique and potentially lucrative investment. Don't miss this chance to own a piece of Watertown's commercial landscape.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Watertown
County
Jefferson
State
Wisconsin
Longitude
-88.7181
Latitude
43.1846
CBSA code
48020
CBSA name
WATERTOWN-FORT ATKINSON, WI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,772
$45,000
$168,000
$213,000
-
$0.00
$0.00
$0.00
More about this property
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