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1951-1981 S 8th St

4,900 SF 100% Leased Retail Building Wisconsin Rapids, WI 54494 £496,978 (£101/SF)

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INVESTMENT HIGHLIGHTS

Located on a main road with high daily traffic counts.
Property offers a large parking lot for its customers.

Great visibility.
Part of the building has a tenant for immediate income.

EXECUTIVE SUMMARY

Great investment property! **SELLER FINANCING AVAILABLE AT 6.0% INTEREST RATE!** Located in the heart of Wisconsin Rapids with DOT daily traffic counts of 20,600, this well maintained building offers fantastic exposure. Total building square footage of 5,439 sqft, with the 1,650 sqft northern unit currently rented for $1,650/month on a 5 year lease term with 3% increase at 5 years. The 3,789 sqft southern unit was recently rented for $3,425/month on a 5 year lease term with 3% annual increase. The large 0.814 acre lot offers an abundance of parking. Both units are separately metered for all utilities. Landlord covers snow removal, exterior maintenance, taxes, and building insurance. Tenants cover utilities and interior maintenance.