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$395,000
Est. payment /mo
3,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office(s),Warehouse,Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $123
MLS Listing ID 1606118
Year Built 2001
Annual Tax Amount $4,366
Tax Year 2025
Lot Size 0.350 Acres
Acres 0.35
Property Sub-Type Office(s),Warehouse,Retail
Property Description
We are pleased to present Home Medical Building, a premier industrial warehouse and distribution facility located at 1590 Macauley Avenue in Rice Lake, Wisconsin. This exceptional asset offers investors a rare opportunity to acquire a functional, well-maintained property. Tenant is a stable, well established commercial tenant who has occupied the building since 12/1/2021. Their current lease expires 11/30/2027. $40,635 NOI, 10.29% CAP, full NNN lease. Home Medical, an Adapt Health Company is a network of full-service medical equipment companies that use tailored products and services to empower patients to live their best lives ? out of the hospital and in their homes. They are a local retailer of oxygen equipment, wheelchairs, and other supplies. Strategically located in the Rice Lake, Wisconsin industrial corridor, the property offers easy access to major highways. There is plenty of employee and customer parking on a newly surfaced asphalt parking lot.
Location
State WI
County Barron
Zoning Commercial
Rooms
Basement Partial
Interior
Heating Natural Gas
Cooling Central Air, Forced Air
Exterior
Exterior Feature Steel
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Schools
School District Rice Lake
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Listed by Feather Real Estate Group Rice Lake
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