1035 Ctr AveBrodhead, WI 53520

Property Details for 1035 Ctr Ave

Lot size

0.25 AC

Property size (Sq ft)

24,113 SF

Property type

Commercial real estate

Description

This exceptional commercial investment opportunity encompasses two strategically located buildings at 1035 & 1101 1st Center Avenue in Brodhead, Wisconsin. The property boasts a combined total of 24,113 square feet situated on a 0.25-acre lot. Currently, the first floors of both buildings are occupied by a mix of retail and office tenants, generating consistent income to cover operating expenses. This provides a stable foundation for immediate cash flow. The significant value-add potential lies in the second and third floors of each building. These currently underutilized spaces present a unique opportunity for expansion. The existing structure allows for the addition of substantial office space, or alternatively, the development of 8 to 14 residential apartment units. The current lease agreements are gross leases, and the presence of small vacancies offers immediate potential to increase profitability through lease-up. This property is priced at $1,140,000 and presents a compelling investment opportunity for those seeking strong returns and significant upside potential in a desirable Wisconsin location. The buildings are well-maintained and situated in the heart of Brodhead, offering excellent visibility and accessibility. This is a rare chance to acquire a multi-faceted commercial property with immediate income and substantial future development possibilities.

Location Insight

City

Brodhead

County

GREEN

State

Wisconsin

Latitude

42.6194

Longitude

-89.377

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