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674 W Mulberry St
West Baraboo, WI 53913
Mulberry Corner · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The 10,757 square foot multi-tenant retail and office property is currently 87% occupied with a diverse tenant mix.
- The property also includes a pole shed on site, which could be leased for additional rental income.
- The existing tenant base provides a stable foundation, while still leaving room for significant appreciation through active management.
EXECUTIVE SUMMARY
Mulberry Corner presents both investors and owner-users with a compelling opportunity in the growing Baraboo market. The 10,757 square foot multi-tenant retail and office property is currently 87% occupied with a diverse tenant mix, producing a Year 1 NOI of $35,890 based on the existing rent roll. One suite remains available for lease, providing immediate upside potential through new tenancy and additional cash flow. In-place rents are below market, offering further opportunity for income growth as leases renew or rollover. The existing tenant base provides a stable foundation, while still leaving room for significant appreciation through active management.
For an owner-user, the vacant suite and the building’s flexible configuration create an opportunity to occupy space immediately while benefiting from rental income generated by the existing tenants. This dual advantage reduces occupancy costs and provides long-term control over the business’s location.
The property also includes a pole shed on site, which could be leased for additional rental income.
For an owner-user, the vacant suite and the building’s flexible configuration create an opportunity to occupy space immediately while benefiting from rental income generated by the existing tenants. This dual advantage reduces occupancy costs and provides long-term control over the business’s location.
The property also includes a pole shed on site, which could be leased for additional rental income.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
10,757 SF
Building Class
C
Year Built
1980
Price
$450,000
Price Per SF
$41.83
Cap Rate
7.98%
NOI
$35,890
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.68 AC
Zoning
C - Commercial District
Parking
28 Spaces (2.6 Spaces per 1,000 SF Leased)
Frontage
209’ on W Mulberry Street
AMENITIES
- 24 Hour Access
- Corner Lot
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 191-0028-00000 | Improvements Assessment | $151,600 |
| Land Assessment | $66,600 | Total Assessment | $218,200 |
PROPERTY TAXES
Parcel Number
191-0028-00000
Land Assessment
$66,600
Improvements Assessment
$151,600
Total Assessment
$218,200
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