25630 75th St - Retail FOR SALE


Salem, WI 53168
$215,000 USD
262-496-8883
25630 75th St, Salem, WI for Sale
$215,000 USD
Retail - FOR SALE
1/4
null | 5.72% Cap Rate

25630 75th St
Salem, WI 53168


HIGHLIGHTS

  • High profile site located along 75th Street (STH 50) just west of 256th Avenue (STH 75).
  • A curb cut access point services the site along 75th Street (STH 50).
  • 23,528 population within a five (5) mile radius making an average household income of $97,443.
  • Attached garage and full basement that could be finished for additional commercial uses.
  • Currently leased by a tenant on month-to-month lease with an annual gross income of $12,300.
  • New furnace and roof on the building.

OVERVIEW

Single-story/single-tenant commercial property containing two private rooms, an open area and kitchen (property was built and currently utilized as a single-family home). Brand new furnace and roof on the structure within the past 12 months. Property is zoned B-3 Highway Business District and could be utilized for a residence or converted to some type of higher commercial or office use based on the existing zoning and high traffic and exposure along 75th Street (STH ''50''). Property is currently occupied by a tenant on a month to month lease.

FOR SALE DETAILS

PRICE

$215,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

5.72%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,217 SF

ZONING

B-3

APN/PARCEL ID

70-4-120-033-0300

ASK ABOUT THIS PROPERTY

Andy PittsPitts Brothers & Associates LLCMore Info
262-496-8883

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Andy PittsPitts Brothers & Associates LLCMore Info
262-496-8883

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