Property Description
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.
Features
2
1
1
: Forced air
: Central
: Common
: Composition
: Natural gas
: Municipal water
: Brick, Stucco
Additional Information
3411806
9,885.49
2023
: Multiple years, Renewal options, Gross
Tworivers,cityof
From Hwy 54, S on 8th St,
Phone: 763-228-9349
Commercial/industrial For Sale
1951 8TH STREET SOUTH, Wisconsin Rapids, Wisconsin 54494
5,439 Sqft
$624,900
Listing ID #22401505
Courtesy of KPR BROKERS, LLC
Phone: 763-228-9349
Phone: 763-228-9349
Basic Details
Property Type : Commercial/industrial
Sub-Type : Real estate for sale
Listing Type : For Sale
Listing ID : 22401505
Price : $624,900
Square Footage : 5,439 Sqft
Lot Area : 0.81 Acre
Year Built : 1976
Country : US
State : WI
County : Wood County
City : Wisconsin Rapids
Area : Wisconsin Rapids
Zipcode : 54494
DOM : 270
Status : Active
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