DOWNTOWN BOGO! 200 & 204 W Main St, Waunakee, WI 53597
$749,900
200 West Main Street, Waunakee, WI 53597
6.22
Cap Rate
12.02
Pro Forma Cap Rate
Details:
Highlights:
- 3 Commercial Storefront/Retail Units and 3 Apartment Units Featuring Forced Air & Central AC
- Corner Lot on the busy Main St/Hwy 19 the in Affluent Waunakee
- All Apartment Units Feature In-Unit Laundry. The Property Features 15 Off Street Parking Spaces and a Detached Garage/Storage Building
- 14.9k, median age of 40 years. Median Household Income of $128,750 - nearly 1.5× the national median. Median Property Value of $490,300; homeownership ~ 77% Population Growth: +23% (2010–2020), +1.5% (20202023).
- Just north of Madison (≈20 mi), serving nearly 15k residents with projected ZIP code growth to 21.5k by 2025 (≈10% increase).
- Based on 2022 AADT Traffic Data, 14,600+ vehicle driveway trips daily, with morning and afternoon peak traffic feeding into businesses directly.
Description:
Back on the Market, Better Than Ever! Now priced at $749,900, this revitalized downtown Waunakee gem offers 2 adjoining buildings of flexible mixed-use space with updated apartment units, freshly cleaned commercial suites, & fresh vertical steel façade. The property combines historic Main Street character with strong local visibility and growing area demand. Ideal asset for owner-occupants or investors seeking upside and walkable access to everything Waunakee offers. Many upgrades include a replaced Asphalt Parking Lot, upgraded Landscaping Drainage, Furnace (Bike Shop), Washer & Paint (#1), Flooring, Blinds, Paint, & Countertops (#2), Paint, Dishwasher, Washer, Dryer, & Water Heater (#3), Garage Door, Main Gas Line, and more. Restaurateurs welcomed. Own a piece of Waunakee’s core today!
• Pro Forma: $58,584 ($90,118 Projected Gross Rent, 5% Vacancy Allowance, & 30% Estimated Expenses)
• Currently Rented: 2 Commercial Units and 2 Apartment Units
• Available for Rent: Commercial Unit A (Approx: 2000+ sqft) and Apartment Unit 3 (Approx: 1,000 sqft)
• Detached Garage is approximately 50 ft × 23 ft (1,048 sq ft)
• Detailed Rent Roll & Leases Available Upon Request
Documents:
Title | ||
---|---|---|
HUD Fair Market Rent Calculation
|
||
Brochure (Includes All Public Documents)
|
Location

Gallery


































