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Property profile & analytics
FOR SALE
Commercial real estate

916 Madison Ave Fort Atkinson, WI 53538

0.3 ac lot
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US92-0204775
Property summary
AI-generated overview

This exceptional mixed-use property in downtown Fort Atkinson, Wisconsin, presents a unique investment opportunity. The building, formerly Kent's Big Bar, boasts a total of 2,653 square feet across two stories. The upper level comprises a spacious 1,440-square-foot apartment featuring three bedrooms plus a den, perfect for residential use or generating rental income. The ground floor offers 2,561 square feet of versatile commercial space, ideal for a variety of businesses. This level includes a valuable two-car garage, a convenient overhead canopy, an outdoor storage shed, and a whole-facility generator ensuring reliable power. Ample asphalt parking is also available. Situated on a major thoroughfare in Jefferson County, this property enjoys excellent visibility and accessibility. Its prime location offers easy access to Jefferson (10 minutes away), the scenic Lake Koshkonong, and Madison (a 35-minute commute). The property's address is 916 Madison Ave, Fort Atkinson, WI 53538, and its APN is 226-0614-3334-074. This is a rare chance to acquire a well-situated mixed-use property with significant upside potential in a thriving community. The asking price is $349,000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.3 ac (12,894 SF)
APN 226-0614-3334-074
UPID US92-0204775
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Big Bar Properties LLC · 7 yrs held
Big Bar Properties LLC
since 2019
4 recorded transactions
2019
$307,300
2007
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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