Waunakee, WI 53597,806 S Division Street
Listed by Plato Commercial Real Estate, LLC

$1,500,000

Est. payment /mo

$1,500,000

Est.Price: ?

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806 S Division Street Waunakee, WI 53597

20,900 SqFt

SOLD DATE : 03/28/2025

Key Details

Sold Price $1,500,000

Property Type Commercial

Sub Type Office,Manufacturing,Warehouse,Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 20,900 sqft

Price per Sqft $71

MLS Listing ID 1991573

Sold Date 03/28/25

Year Built 1982

Annual Tax Amount $17,305

Tax Year 2024

Lot Size 1.855 Acres

Acres 1.855

Property Sub-Type Office,Manufacturing,Warehouse,Industrial

Property Description

~7.60% CAP RATE. 20,900 sq. ft. warehouse investment opportunity in Waunakee, WI - one of the most desirable areas in Dane County, WI. Building is currently occupied by the Seller's business, Savannah Company, and will lease property back on a 5-year initial term NNN lease. Property at one point in its history was a multi-tenant property, with five or six different units - now of which are combined into one. Should Seller leave the property at the end of the lease, there is a great potential to convert the building back to a multi-tenant building, and attracting a much wider prospective tenant pool. Since owning the building, owner has also expanded the building with adding a larger warehouse area (southern end of the building).

Location

State WI

County Dane

Area Waunakee - V

Zoning G3

Direction South of Main St., on the east side of street past rail road tracks.

Rooms

Basement Slab/None

Interior

Heating Forced air, Central air

Cooling Forced air, Central air

Exterior

Parking Features 21-35 spaces

Roof Type Metal

Building

Story 1

Water Municipal water, Municipal sewer

Structure Type Steel

Others

SqFt Source Seller

Energy Description Natural gas

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South Central Wisconsin MLS (SCWMLS)

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agent
Gina John

Broker | License ID: 54202 - 90

+1(608) 513-6154 | gina6154@gmail.com

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