525 Handeyside LnFort Atkinson, WI 53538

Property Details for 525 Handeyside Ln

Lot size

0.86 AC

Property type

Other commercial real estate

APN

226-0614-3434-043

APU

22606143434043

Description

This exceptional investment opportunity presents a ±9,217 square foot, multi-tenant medical office building situated on a 0.864-acre lot in Fort Atkinson, Wisconsin. Currently 58% occupied, the building boasts a strong net operating income (NOI) of $25,164. Constructed in 2004, this property features Institutional zoning and benefits from a prime location near Fort Memorial Hospital and numerous medical clinics. The building enjoys convenient access to the Hwy 26 and Hwy 12 interchange, providing easy connectivity to Johnson Creek, Jefferson, and Whitewater. Anchored by Davita, Inc., with a significant lease term remaining, this property offers immediate cash flow and long-term growth potential. The surrounding area includes a variety of retail amenities such as Pick 'n Save, Festival Foods, Walgreens, Sherwin-Williams, Family Dollar, and Niemann Ace Hardware. The asking price is $995,000, translating to $107.95 per square foot. The property's address is 525 Handeyside Ln, Fort Atkinson, WI 53538, with APN 226-0614-3434-043. This is an ideal acquisition for investors seeking a stable, income-producing asset in a thriving medical corridor.

• Alternative Use

  Use

  Valuation

  Residential

  $7,778,378

  Hospitality

  $7,124,953

  Educational

  $5,927,878

  Medical

  $6,131,746

  Retail

  $9,221,142

Location Insight

City

Fort Atkinson

County

Jefferson

State

Wisconsin

Latitude

42.9355

Longitude

-88.8293

CBSA code

48020

CBSA name

WATERTOWN-FORT ATKINSON, WI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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