112 Madison StWaterloo, WI 53594

  • Other commercial real estate
  • 0.08 AC
For Sale
$290,000 View listing

Property Details for 112 Madison St

Lot size
0.08 AC
Property type
Other commercial real estate
APN
290-0813-0822-039
APU
29008130822039

Description

This exceptional 3,311 square foot commercial building at 112 E Madison Street in Waterloo, WI, presents a unique investment opportunity. The property boasts prime retail space ideal for a variety of businesses, complemented by a long-term residential tenant occupying the upstairs 2-bedroom apartment, providing consistent rental income. Significant updates within the last decade include a new roof, furnaces, and electrical system, ensuring peace of mind for the new owner. A substantial advantage is the large tandem drive-in garage located underneath the building, accessible from the rear. This garage also provides access to the basement area, offering ample storage or additional potential uses. The 0.08-acre lot provides convenient access and visibility. The building is situated in a desirable downtown location, offering high foot traffic and excellent exposure. This property is being offered at $150,000. An adjacent building at 108 E Madison Street is also available for purchase

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $684,297
    Hospitality
    $626,813
    Educational
    $521,501
    Medical
    $539,436
    Retail
    $811,223
112 Madison St, Waterloo, Wisconsin

Location Insight

City
Waterloo
County
Jefferson
State
Wisconsin
Latitude
43.1835
Longitude
-88.99
CBSA code
48020
CBSA name
WATERTOWN-FORT ATKINSON, WI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,014
$11,500
$90,500
$102,000
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