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128 W 8th St
Monroe, WI 53566
Monroe Mall · Retail Property For Sale
Investment Highlights
- Heavy Traffic with parking lot
- mixed used zoning
- large building can accommodate big box stores!
Executive Summary
Fantastic investment opportunity available! A spacious commercial cement block building 47,496 sq. ft, situated on 2.26 acres on Monroe's vibrant west side. The property has generous parking space that was seal coated in 2023. Featuring a 30' X 37.5' interior column spacing, along with 2 loading docks and 1 overhead door, this property offers versatility for various businesses. Urban mixed-use zoning, the property accommodates a wide range of potential uses including retail, office, professional services, commercial kitchen facilities, indoor entertainment, restaurants, daycare, and even cheese packaging/slicing operations, among others. Additional uses may be explored pending approval from the City. From 8th St and Hwy 69, go west 1/2 mile. On south side of street.2.2000Leases and gross revenue number are available upon request of preapproved buyer. Please provide 48 notice for all showings to allow adequate timing to notify tenants.
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Restaurant
Building Size
47,496 SF
Building Class
B
Year Built/Renovated
1977/2000
Price
$1,800,000
Price Per SF
$37.90
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.48
Lot Size
2.26 AC
Opportunity Zone
Yes
Parking
87 Spaces (1.83 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Restaurant
- Enclosed Mall
- Air Conditioning
Property Taxes
| Parcel Number | 23-251-2397.0813 | Improvements Assessment | $1,240,200 |
| Land Assessment | $397,300 | Total Assessment | $1,637,500 |
Property Taxes
Parcel Number
23-251-2397.0813
Land Assessment
$397,300
Improvements Assessment
$1,240,200
Total Assessment
$1,637,500
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