Overview

Listing ID:#20157762

Building SF:4,000

Parcel Size:0.11 Acres

Price:$275,000

Building PSF:$68.75

Property Type:Office

Date Available:Now

Historic Downtown Office Building For Sale

This property is a fully occupied, historic building is located in the heart of Downtown Lake Mills. The building is in extremely great condition with two anchor tenants (dentist and lawyer) with 5 years remaining on their leases. This opportunity is a great exchange property for anyone looking for a good cash flowing property with value add opportunities with under market rents!

Financial Information

Gross Income:$25,244

Total Expenses:$8,522

Net Op. Income:$16,722

Cap Rate:6.10%

Contact Listing Agent

Cory Lucke

608-416-5664
773-628-3384

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