916 Madison Ave Fort Atkinson, WI 53538
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.