6629 University AveMiddleton, WI 53562

For Sale
$850,000

High-yield retail investment; 6,191 SF.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional investment opportunity presents a portfolio of five commercial condominium units located at 6629 University Ave, Middleton, Wisconsin, 53562. The property totals 6,191 square feet and offers a compelling 7.00% capitalization rate. The portfolio comprises four currently occupied units and one vacant unit, providing immediate income and potential for future growth. The asking price for this turnkey investment is $850,000. This prime location on University Avenue in Dane County offers excellent visibility and accessibility. The diverse mix of tenants within the occupied units provides a stable revenue stream. The vacant unit presents an opportunity for an owner-occupant or to secure a new tenant, further enhancing the investment's potential. This is an ideal opportunity for investors seeking a strong return on investment in a thriving Wisconsin market. The property is classified as both retail and office space, offering flexibility for a variety of uses. This portfolio of five commercial condo units represents a unique chance to acquire a well-positioned, income-generating asset in a desirable location.

Highlights

  • Portfolio of five commercial condo units.
  • Four occupied units, one vacant unit.
  • Excellent investment opportunity with a 7.00% cap rate.
  • 6,191 square feet total.
  • Asking price: $850,000.
  • Located at 6629 University Ave, Middleton, WI 53562.

Property Details for 6629 University Ave

Property type
Other retail properties, Individual retail properties
Square Feet
6,191 SF
Units
5

Location Insight

City
Middleton
County
Dane
State
Wisconsin
Latitude
43.095646
Longitude
-89.4953313
6629 University Ave, Middleton, Wisconsin

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6629 University Ave
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