Bought with Jim Emmer
$175,000
$199,900
12.5%For more information regarding the value of a property, please contact us for a free consultation.
205 Lake St Cascade, WI 53011
1,225 SqFt
Key Details
Sold Price $175,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 1,225 sqft
Price per Sqft $142
Municipality CASCADE
MLS Listing ID 1681313
Sold Date 04/17/20
Year Built 1967
Annual Tax Amount $1,020
Tax Year 2018
Lot Size 0.280 Acres
Acres 0.28
Property Description
Sold as a package Cascade and Allenton post office buildings for sale. Both offices will have current 5 year leases with renewal options. Government pays real estate taxes, all utilities, snow removal. Allenton lease is being renewed at $1109 per month and Cascade currently is at $815 per month scheduled to be renewd by 2020 with new rent of approx. $896 per month. Total rent annually currently is $21,360, with owner in charge of building maintenance and lawn care. Proposed rents as of 01/2022 are $23,877. See MLS docs for Lease info. Allenton address is 330 First St. 2 listings with different addresses.
Location
State WI
County Sheboygan
Zoning Commercial
Rooms
Basement None / Slab
Interior
Heating Natural Gas
Cooling Forced Air
Exterior
Exterior Feature Brick, Brick/Stone
Garage Spaces 10.0
Parking On Site 10
Waterfront N
Roof Type Rubber/Membrane
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Others
Special Listing Condition Arms Length
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