Bought with Encore Real Estate Brokerage
$1,258,000
$1,499,900
16.1%For more information regarding the value of a property, please contact us for a free consultation.
12,966 SqFt
SOLD DATE : 06/09/2025
Key Details
Sold Price $1,258,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 12,966 sqft
Price per Sqft $97
MLS Listing ID 1913499
Sold Date 06/09/25
Year Built 1945
Annual Tax Amount $12,989
Tax Year 2024
Lot Size 1.450 Acres
Acres 1.45
Property Description
Fully leased retail center with 2024 cap rate of 8.95 and GRM of 8.81. Priced at $115.68/SF, under comps. Average rent is $15.96/SF modified gross, offering clear value-add upside. Located across from a high-traffic Piggly Wiggly (479K+ visits in 2024) with 5.4M driving by annually on Hwy H and Fond Du Lac Ave intersection. Renovated in 2008 with strong curb appeal, right-sized suites, and no competing retail for lease within 6.5 miles.
Location
State WI
County Washington
Zoning B-2
Rooms
Basement Block
Interior
Heating Electric, Forced Air, Indiv. Heating Units, Natural Gas
Cooling Electric, Forced Air, Indiv. Heating Units, Natural Gas
Flooring No
Exterior
Exterior Feature Partial-Brick, Partial-Stucco/Slate
Garage Spaces 64.0
Roof Type Rubber
Building
Water Municipal Sewer, Municipal Water
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