2 Insight Drive, Platteville, WI 53818
2 Insight Drive, Platteville, WI 53818
2 Insight Drive, Platteville, WI 53818
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$1,050,000
Est. payment /mo
6,556 SqFt
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Key Details

Property Type Commercial

Sub Type Office(s),Retail,Commercial Condo

Listing Status Active

Purchase Type For Sale

Square Footage 6,556 sqft

Price per Sqft $160

MLS Listing ID 2016777

Year Built 1989

Annual Tax Amount $14,717

Tax Year 2024

Lot Size 0.710 Acres

Acres 0.71

Property Sub-Type Office(s),Retail,Commercial Condo

Property Description

Prime investment opportunity strategically located on a business highway at a prominent intersection. This high-visibility location offers exceptional exposure and easy access. Fully stabalized investment with excellent rental history. The property is currently utilized as a multi-tenant office facility and features 9 individual office suites, all designed for maximum leasing potential of the building. Well maintained with consistent cash flow currently around $98,100 in gross annual revenue. "6.7% CAP rate" A great opportunity for the savvy investor to purchase a commercial asset with many tenants to ensure investment stability. The location is surrounded by retail, professional services, dining and benefits from constant vehicular traffic and is easily accessible from major roadways, making it attractive to the tenants and customers alike! Current tenants include Edward Jones Investments, AFLAC, tax services, staffing service and other professional tenants.

Location

State WI

County Grant

Zoning Commercial

Rooms

Basement Full, Walk Out/Outer Door, Poured Concrete

Interior

Heating Natural Gas

Cooling Forced Air, Central Air, Zoned Heating

Inclusions Leases

Exterior

Roof Type Composition/Fiberglass

Building

Dwelling Type Free Standing

Story 1

Sewer Municipal Water, Municipal Sewer

New Construction N


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Listed by Equity Real Estate Group, LLC

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Jacob Ballweg
Jacob Ballweg

Broker | License ID: 57699-90

+1(920) 219-2168 | [email protected]

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2 Insight Drive