1951-1981 S 8th St - Retail FOR SALE


Wisconsin Rapids, WI 54494
$624,900 USD
715-598-6367
1951-1981 S 8th St, Wisconsin Rapids, WI for Sale
$624,900 USD
Retail - FOR SALE
1/41
null | Request Cap Rate

1951-1981 S 8th St
Wisconsin Rapids, WI 54494


HIGHLIGHTS

  • Located on a main road with high daily traffic counts.
  • Great visibility.
  • Property offers a large parking lot for its customers.
  • Part of the building has a tenant for immediate income.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$624,900 USD

PRICE/SF

$128 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

CROSS STREETS

Woods Lane

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

B-2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Mark KitowskiKPR Brokers LLCMore Info
715-598-6367

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Mark KitowskiKPR Brokers LLCMore Info
715-598-6367

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.