MLS Public Remarks Waubesa Shores Condos is a mixed use development on beautiful Lake Waubesa in McFarland. This 2019 built 3-story property is home to 29 luxury condos and high end clientele neighbors along the lake front. Conveniently located just off Hwy-51, downtown Madison is only 12 minutes away! 11 deeded surface parking spaces included as well as two large deeded climate controlled storage units. Additional street parking right out front. This modern office buildout is ideal for a professional office for 5-8 users or a boutique service business. Unit 113 is leased until August 2026 by an upscale salon and has two 5-yr options with escalations built in. Here is a unique opportunity to grow your portfolio or operate your business in a thriving Dane Co neighborhood!
* 8 Documents Not Available via MLS |
Location Village
Other Marketing Area
Mailing City McFarland
C/T/V Village
Unit # 112
Directions Hwy 51, South To Larson Beach Rd, West To Property
Real estate for sale Yes
Business for sale No
For lease only No
Ann. Rent/SqFt $27
Total Units/Bldg 31
Building Gross SqFt 1,689
Net Leasable SqFt 1,689
Year Built 2019
Source for Year Built Bldr
Approx Bldg Dimen 280X42
Street Frontage 56
Parking Fees/Mo. $237
Onsite Parking yes
# of Stories 3
Ceiling Height Min 10
Ceiling Height Max 12
Number of Loading Docks 0
Zoning comm
Est. Total Acres 2.0
Source Of Est Acres Plat
Lot Dimensions 341X115
Owner
Tradename
Land Assessment $145,600
Assessment Year 2021
Net Taxes $9,794
Tax Year 2021
Improvements $378,400
Total Assessment $524,000
Income/Expenses Year $0
Gross Operating Income $21,649
Annual Operating Exp $0
Net Operating Income $0
Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
1 |
gross |
7-31-2026 |
Yes |
$21,649 |
$27 |
$0 |
740 |
2 |
Vacant |
0 |
0 |
$0 |
$0 |
$0 |
949 |
3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included n/a
Items Excluded Salon FF&E belongs to tenant. Office FF&E negotiable.
Heating/Cooling Central air, Forced air
Water/Waste Municipal sewer, Municipal water
Basement Full, Poured concrete foundatn
Fuel Electric, Natural gas
Seating Capacity 11-20 persons
Type Commercial Condo, Office, Other, Retail, Service
Exterior Treatment Aluminum, Brick, Fiber cement, Stone
Building Parking 11-20 spaces, Onsite, Paved
Roofing All flat, Rubber/membrane
Terms/Option Land contract, Seller may assist
Miscellaneous Internet - Cable, Internet- Fiber available, Waterfront
Documents on File Lease(s), Property Condition Report, Restrictions/Covenants
Location Residential area
Tenant Pays Air Conditioning, Electric, Heat, Insurance
Present Use Beauty/barber shop, Office
Licenses
Lease Type Escalators, Gross, Renewal options
Occupied by Tenant(s), Vacant
Sale Includes Lease(s)
Features Inside storage, Residential unit(s)
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Exp Realty, Llc