Bought with Robert Ballweg
$475,000
$500,000
5.0%For more information regarding the value of a property, please contact us for a free consultation.
1227-1231 Madison St Beaver Dam, WI 53916
33,760 SqFt
Key Details
Sold Price $475,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 33,760 sqft
Price per Sqft $14
Municipality BEAVER DAM
MLS Listing ID 1869597
Sold Date 05/18/20
Year Built 1968
Annual Tax Amount $8,048
Tax Year 2018
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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