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1951 8th Street South, Wisconsin Rapids, WI 54494
- $659,900
- Year Built: 1976
- Commercial
- Listing #22401505
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.
Price | $659,900 |
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Year Built | 1976 |
Property Type | Commercial |
Listing # | 22401505 |
Status | Active |
County | Wood |
Listing Type | For Sale |
Property Taxes (Annual) | $9,885.49 |
Heating and Cooling | Forced Air, Central |
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Exterior | Brick, Stucco |
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Roof | Composition |
Lot Size | 0.81 acres |
MLS Area | Wisconsin Rapids |
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Courtesy of Kyle Bissen and Team Kitowski, Kpr Brokers, LlcPhone: 763-228-9349
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Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.