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$715,000

  • Sold
  • Closed
  • Multi-Family
  • 2 Car Garage
See This Home
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See This Home
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Pro Forma $73,497 NOI & 9.8% Cap Rate based on $90,118 Projected Annual Gross Rent. This standout mixed-use property features two adjoining buildings totalling 6,656 sqft, with updated apartment units above & flexible commercial suites below. The 200 Building apts have seen numerous upgrades, including new flooring, blinds, paint, countertops, & more. The freshly cleaned commercial spaces in the 204 Building offer excellent street visibility, ideal for retail, service, or even a restaurant concept. With a recently replaced asphalt parking lot, improved landscaping, new garage door, & main gas line upgrades, this property is well-positioned for both owner-occupants & investors seeking immediate income & long-term upside. This is a rare opportunity to own a core piece of downtown Waunakee!

Full Property Details for 200 & 204 W Main St

General

  • Sold For: $715,000
  • Taxes: $10,187 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
  • MLS ID: 2005994
  • Added to Site: 164 day(s) ago

Interior

  • Interior Features: High-Speed Internet

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: 2 Spaces, Outside
  • Garage Description: 2 Car, Detached

Location

  • Municipality: Waunakee
  • County: Dane
  • Subdivision: Downtown Historic Commercial District
  • Driving Directions: From I-90/I-94: West on WI-19, Continue on WI-113/WI-19/Main St. Located on the corner of W Main St & Fish St. Home to "Wana Bike Shop".

School Information

  • School District: Waunakee
  • Elementary School: Heritage
  • Middle School: Waunakee
  • High School: Waunakee

Heating & Cooling

  • Heating Fuel: Natural Gas
  • Heating/Cooling: Forced Air

Utilities

  • Water/Sewer: Municipal Water, Municipal Sewer
  • Utility Description: High Speed Internet Available, Separate Electric Meters, Separate Gas Meters

Structural Information

  • Description/Design: 2 Stories
  • Exterior Const.: Wood, Stucco, Fiber Cement
  • Basement Desc.: Partial, Crawlspace, Sump Pump
  • Year Built: 1910

Unit Information

  • Units in Building: 6

Unit 1

  • Square Feet: 520
  • Bedrooms: 1

Unit 2

  • Square Feet: 880
  • Bedrooms: 2
  • Primary Bedroom: Upper Level, 8 x 8
  • Bedroom 2: Upper Level, 8 x 8
  • Living Room: Upper Level, 8 x 8,
  • Kitchen: Upper Level, 8 x 8,

Unit 3

  • Bedrooms: 3

Lot Features

  • Lot Size Source: Assessor/Public Record
  • Zoning: C-1D

Financial Considerations

  • Tax Amount: $10,187
  • Tax Year: 2024

Disclosures and Reports

  • Exclusions: Seller's and Tenant's Personal Property.
  • Inclusions: Pro Forma NOI of $73, 497 & 9.8% Cap Rate based on $90, 118 in Projected Annual Gross Rent. Comm Unit A is vacant & marketed for lease at $2, 200 per month. 3 Refrigerators, 3 Stoves/Ovens, 1 Dishwasher, 3 Washers, 3 Dryers, 4 Furnaces, 4 Water Heaters, & 2 Central AC Units.

Listed by Realty Executives Cooper Spransy
Sold by Realty Executives Cooper Spransy

Listing agents

— 200 & 204 W Main St —

  • Realty Executives Cooper Spransy

  • Realty Executives Cooper Spransy

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 200 & 204 W Main St

School District:Waunakee Community School District
NameGradesDistance
Waunakee Heritage Elementary School
501 South Street, Waunakee, WI 53597
K-40.3 mi
Waunakee Intermediate School
6273 Woodland Drive, Waunakee, WI 53597
5-61.4 mi
Waunakee Middle School
1001 South Street, Waunakee, WI 53597
7-80.7 mi
Waunakee High School
301 Community Drive, Waunakee, WI 53597
9-120.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 200 & 204 W Main St

Date
Details
Price
Change
Source
12/30/2025
Sold
$715,000
-4.65%
MLS
8/06/2025
Listed
$749,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Realty Executives Cooper Spransy
Sold by Realty Executives Cooper Spransy

200 & 204 W Main Street, Waunakee, WI 53597 (MLS# 2005994) is a Multi-Family property that was sold at $715,000 on December 30, 2025. Want to learn more about 200 & 204 W Main Street? Do you have questions about finding other Multi-Family real estate for sale in Waunakee? You can browse all Waunakee real estate or contact a Coldwell Banker agent to request more information.