1227-1231 Madison St, Beaver Dam, WI 53916

$475,000

$500,000

5.0%
Est.Price: ?

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Est. payment /mo

33,760 SqFt


SOLD DATE : 05/18/2020

Key Details

Sold Price $475,000

Property Type Commercial

Sub Type Retail,Office(s),Service,Wholesale,Warehouse,Industrial,Auto Dealer/Service,School,Shopping Center,Commercial Condo

Listing Status Sold

Purchase Type For Sale

Square Footage 33,760 sqft

Price per Sqft $14

MLS Listing ID 1869597

Sold Date 05/18/20

Year Built 1968

Annual Tax Amount $8,048

Tax Year 2018

Property Sub-Type Retail,Office(s),Service,Wholesale,Warehouse,Industrial,Auto Dealer/Service,School,Shopping Center,Commercial Condo

Property Description

Great location with easy access to USH 151 full diamond interchange. 1227 / 1231 /1233 Madison St. and Vacant lot. Gross rents $60,000 per year. All units pay own utilities. Masonry buildings with upper and lower rented. Leases range from month to month to balance of 5 year lease (2023) with yearly escalator. Substantial masonry floors each level. 1227 Approx 5,880 sq. ft. per floor. 1231 Approx 6,000 sq. ft. per floor. 1233 Approx 5,000 sq. ft. per floor. Upper level vacant, w Loading doc on Westerly side of building. Recent updates include windows, roof, furnaces, rooftop AC Units. Great rental history.

Location

State WI

County Dodge

Zoning comm

Rooms

Basement Full, Walk Out/Outer Door, Poured Concrete

Interior

Heating Natural Gas

Cooling Forced Air

Exterior

Roof Type Flat,Rubber/Membrane

Building

Sewer Shared Well, Holding Tank

New Construction N

Others

Special Listing Condition Non-Arms Length

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Jacob Ballweg

Jacob Ballweg

Ballweg's Real Estate LLC

+1(920) 219-2168

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Ballweg's Real Estate LLC
Bought with Ballweg's Real Estate LLC

Nearby Locations

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Jacob Ballweg
Jacob Ballweg

Broker | License ID: 57699-90

+1(920) 219-2168 | [email protected]

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