Sun Prairie, WI 53590 537 W Main Street

$2,400,000

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  • MLS# 1991860
  • 01/14/2025
  • Request Tour
  • Request Info
Presented By: Bunbury & Assoc, REALTORS;
  • SQFT • 6,364
  • Year Built • 2017

Home Details

Introducing a prime investment opportunity on Main St in Sun Prairie! Built in 2016, this 6,363 SF retail/office building is comprised of 10 units w/easy access off Main St. Maintenance free exterior, elevator, 4 furnaces & a/c units, 12 on site parking stalls(more deeded from the neighboring property). First floor features 2988 sq ft of office space w/reception area, private bathrooms & shared kitchen area. Main floor is currently rented until 2029 with yearly escalators. Second floor consists of 3000 sq ft w/9 separate salon/spa units currently fully rented. Separate waiting area, shared bathrooms, 2 shared laundry areas & all attached equipment included. TIF payments until 2030!
Presented By: Bunbury & Assoc, REALTORS;

Interior Features for 537 W Main Street

Other Interior Features

BasementSlab/None
Ceiling Height Max11
Ceiling Height Min10
Heating/CoolingForced air, Central air
Stories2
Total Number of Units10
U2 Lease TypeGross

General for 537 W Main Street

CitySun Prairie
ClassBusiness/Comm
CountyDane
County Qtr SectionDane NE
DOM99
Directions151 to East on Main Street.
Expenses26863
FeaturesPassenger elevator, Shared Restrooms, Reception area
FuelNatural gas
Gross Income151116
Items Included2 Washers, 2 Dryers, Water softener, Main floor appliances, Upstairs lobby furniture, Lobby TV & Bracket
Lease TypeGross, Escalators, Multiple years, Renewal options
LocationFree standing
Net Income137645
OccupancyTenant(s)
Present UseOffice, Beauty/barber shop
Price Per Sq Ft Total AG377.12
RoofComposition
StatusActive
Status Detail0
Tax Year2024
Tenant PaysJanitorial
Year Built2017
ZoningComm

Exterior for 537 W Main Street

ExteriorFiber cement, Stone
Lot Dimensions165x120
Lot Size Area0.42
Street Frontage109
Water/WasteMunicipal water, Municipal sewer

Additional Details

Price History

Ellen Meier

Broker/Realtor
Price $2,400,000
MLS#1991860
List Date 01/14/2025
Property Type Business Op
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