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31582775
28165955

674 W Mulberry St, Baraboo, WI 53913

Colliers - Madison, Wisconsin
Colliers - Madison, Wisconsin
Listed by Colliers - Madison, Wisconsin
$415,000
252 days on market
Updated 50 days ago

Mulberry Corner

Details
APN 191-0028-00000
Property Type Retail, Office (+1)
Sub Type Traditional Office
Square Footage 10,757
Units 28
NOI $5,890
Occupancy 31%
Tenancy Multi
Lease Type Modified
Price per SqFt $39
Broker Co-Op Yes
Class C
Year Built 1980
Stories 1
Acreage 0.680
Zoning C - Commercial District
Parking Spaces 28 spaces
Parking Per SqFt 2.60
Investment Type Value Add
Ground Lease No

Retail | 10,757 SqFt

Marketing description

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 31% occupied with a diverse tenant mix, producing a Year 1 NOI of $6,190 based on the existing rent roll. Two suites 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 suites 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.

Listing Contacts

Colliers - Madison, Wisconsin
Colliers - Madison, Wisconsin
Listed by Colliers - Madison, Wisconsin

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$5,890.00
$490.83/mo

Valuation Metrics

0
DSCR
1.42%
Cap Rate
1.42%
ROI

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Additional Information

Name
Colin McLandsborough
License
90436 - 94
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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