Cascade, WI 53011,205 Lake St
Listed by Jim Emmer • Emmer Real Estate Group
Bought with Jim Emmer

$175,000

Est. payment /mo

$199,900

12.5%
Est.Price: ?

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205 Lake St Cascade, WI 53011

1,225 SqFt

SOLD DATE : 04/17/2020

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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Matt Albrecht

Broker | License ID: 58942-90

+1(715) 699-4459

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