Great investment property! **SELLER FINANCING AVAILABLE AT 6.0% INTEREST RATE!** Located in the heart of Wisconsin Rapids with DOT daily traffic counts of 20,600, this well maintained building offers fantastic exposure. Total building square footage of 5,439 sqft, with the 1,650 sqft northern unit currently rented for $1,650/month on a 5 year lease term with 3% increase at 5 years. The 3,789 sqft southern unit was recently rented for $3,425/month on a 5 year lease term with 3% annual increase. The large 0.814 acre lot offers an abundance of parking. Both units are separately metered for all utilities. Landlord covers snow removal, exterior maintenance, taxes, and building insurance. Tenants cover utilities and interior maintenance.
Listing Details
Price
$659,900
Year Built
1976
Property Type
Commercial
Listing #
22401505
Status
Active
County
Wood
Listing Type
For Sale
Property Taxes (Annual)
$9,885.49
Interior Features
Heating and Cooling
Forced Air, Central
Exterior Features
Exterior
Brick, Stucco
Roof
Composition
Lot Size
0.81 acres
Miscellaneous
MLS Area
Wisconsin Rapids
Courtesy of Kyle Bissen and Team Kitowski, Kpr Brokers, LlcPhone: 763-228-9349
Copyright 2024, Central Wisconsin MLS, Inc. All rights reserved. The data relating to real estate for sale on this website is deemed reliable but not guaranteed.
This content last updated on 10/13/2024 12:59 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Housing Occupancy
Rural vs. Urban
Market occupancy and urban/rural information from Home Junction Inc.
Community Information for Wisconsin Rapids, WI 54494
Copyright 2024, Central Wisconsin MLS, Inc. All rights reserved. The data relating to real estate for sale on this website is deemed reliable but not guaranteed.