203 Main StWaunakee, WI 53597

  • Commercial real estate
  • 2.17 AC
For Lease
$24/SF/YR View listing

Property Details for 203 Main St

Lot size
2.17 AC
Property type
Commercial real estate
APN
0809-053-7710-1
APU
80905377101

Description

This exceptional endcap retail space, located within the prestigious Lamphouse mixed-use development in downtown Waunakee, presents a unique opportunity for a discerning business. Boasting over 15,000 cars passing daily, this high-visibility location ensures maximum exposure. Designed initially for a restaurant, the unit features a substantial outdoor covered patio complete with convenient garage doors, seamlessly blending indoor and outdoor dining areas. This creates a versatile and attractive space ideal for creating a memorable customer experience. However, the space is flexible and can be subdivided to accommodate a smaller inline retailer, offering adaptability to suit various business needs. The Lamphouse itself is a premier development, incorporating 103 luxury residential units, providing a built-in customer base and a vibrant community atmosphere. This prime retail space is the last remaining unit in the building, representing a rare chance to establish a thriving business in a thriving location. The high volume of daily traffic, combined with the upscale residential component of the Lamphouse, guarantees a strong potential for success. Don't miss this chance to secure a prominent position in the heart of Waunakee's bustling downtown.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $19,517,870
    Hospitality
    $17,878,264
    Educational
    $14,874,505
    Medical
    $15,386,062
    Retail
    $23,138,120

Location Insight

City
Waunakee
County
Dane
State
Wisconsin
Latitude
43.1924
Longitude
-89.4526
CBSA code
31540
CBSA name
MADISON, WI METROPOLITAN 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
2022
$380,236
$1,102,000
$21,869,000
$22,971,000
-
-
-
$24,578,400

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