Contact Bunbury at 1-877-233-7356 or
[email protected] for more information about this property.

511 Madison Ave,  Fort Atkinson,  WI  53538 $350,000 Expired
511 Madison Ave,  Fort Atkinson,  WI  53538
$350,000
Expired
More Photos
 Property Type Business/Commercial
 Parcel # 226-0514-0412-084
 County Jefferson
 Sub Area K06
 Municipality Fort Atkinson
 MLS# 1792889
 Listing Date 01/12/2017

MLS Public Remarks  Come explore the many possibilities offered by this conveniently located building. A great investment or business opportunity. The building is currently 100% occupied. There is over 4600 sq. ft. of space on the main level all serviced by ADA entrances. A spacious 4 bedroom 2 bath apartment occupies the 2nd and 3rd floors. This presents an option for an owner/operator situation. There is a covered entrance, 12 parking stalls, and neighborhood alley access.
Documents and Related Links  
* 2 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Fort Atkinson
  • C/T/V  City
  • Unit #  
  • Directions  Ush 12 West Of State Highway 26 4 Blocks To Property Of Left
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $9
  • Total Units/Bldg  4
  • Building Gross SqFt  11,047
  • Net Leasable SqFt  6,410
  • Year Built  1985
  • Source for Year Built  PubR
  • Approx Bldg Dimen  50x80
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  12
  • # of Stories  3
  • Ceiling Height Min  8
  • Ceiling Height Max  10
  • Number of Loading Docks  0
  • Zoning  C-1
  • Est. Total Acres  0.43
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $62,700
  • Assessment Year  2016
  • Net Taxes  $8,445
  • Tax Year  2016
  • Improvements  $314,300
  • Total Assessment  $378,000
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,016
  • Gross Operating Income  $57,300
  • Annual Operating Exp  $16,000
  • Net Operating Income  $41,300
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 none 0 Yes $57,300 $9 $0 6,410
    2 - 0 Yes $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Garland commercial stove, Dishwasher, Refrigerator, Water Softener
    Items Excluded  Sellers personal property
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Electric, Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Apartment building, Beauty/barber, Office, Retail
  • Exterior Treatment  
  • Building Parking  11-20 spaces, Gravel, Onsite, Paved, Shared
  • Roofing  Composition, Partially flat, Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Business district, Corner, Free standing, Near Major Highway
  • Tenant Pays  No expenses
  • Present Use  Apartment building, Beauty/barber shop, Day care, Living quarters, Office, Retail
  • Licenses  Special use
  • Lease Type  Month to month
  • Occupied by  
  • Sale Includes  Other, Signs
  • Features  Alley, Display window, Inside storage, Outside storage, Private Restrooms, Public rest rooms, Reception area, Residential unit(s), Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Re/Max Preferred