Overview

Listing ID:#20148832

Building SF:15,362

Parcel Size:0.18 Acres

Price:$450,000

Building PSF:$29.29

Property Type:Office

Date Available:Now

Historic Building in Historic Downtown Stoughton

Wonderful historic building in charming Stoughton Main Street business district. This site has been a hotel since the beginning of Stoughton, most recently the Hotel Kegonsa. There is rehabilitation opportunity/potential, as the second and third floors are hotel rooms of the past and not used. Near food and beverage and acclaimed Stoughton Opera House. Located at the central hub of downtown, with great storefront exposure to pedestrian traffic at front and convenience of municipal parking lot at back. Property includes commercial space at 101 and 107 West Main and 314 South Division. Rehabilitation of the property may qualify for the Historic Preservation Tax Credit Program through the Wisconsin Historical Society. Lease information and NOI available. Basement storage space in 101 and 117.

Financial Information

Gross Income:$48,539

Total Expenses:$9,719

Net Op. Income:$38,820

Real Estate Taxes:$8,658

Tax Year:2020

Building Details

Building Type:Stand Alone

Building Status:Existing

Year Built:1890

Current Use:Dental, Church

Number of Floors:3

Number of Units:3

Number of Offices:3

Number of Restrooms:3

Zoning:CB

Outside Parking:Yes

Municipal Sewer:Yes

Municipal Water:Yes

Contact Listing Agent

Peter Sveum

Email

Important Disclaimer: Content for property listings on this website is provided by third parties. The party posting this listing is solely responsible for the accuracy of the information provide, including commissions. PropertyDrive makes no guarantee, warranty, or representation about the accuracy, timeliness or thoroughness and disclaims responsibility for the content of any property listing. PropertyDrive reserves the right to remove listings at any time.