806 S Division Street new Save Request In-Person Tour Request Virtual Tour
Waunakee,WI 53597
Key Details
Property Type Commercial
Sub Type Office,Manufacturing,Warehouse,Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 20,900 sqft
Price per Sqft $71
MLS Listing ID 1991573
Year Built 1982
Annual Tax Amount $17,305
Tax Year 2024
Lot Size 1.855 Acres
Acres 1.855
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