Great investment property or location for your future business! 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 is currently vacant and ready for your future business or tenants. This large space offers a wide variety of possible uses, including restaurant, retail, office, and more. The southern unit was previously utilized as a restaurant with all equipment and inventory available for an additional $60K. 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. Southern unit is also available for lease, see MLS# 22401506.
| 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 |
| Heating and Cooling | Forced Air, Central |
|---|
| Exterior | Brick, Stucco |
|---|---|
| Roof | Composition |
| Lot Size | 0.81 acres |
| 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.Quickly estimate your monthly mortgage. If you would like a more detailed analysis of what you can afford, please inquire below.
Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.
