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101 Mechanic St 1,  Princeton,  WI  54968 $325,000 Sold
101 Mechanic St 1,  Princeton,  WI  54968
$325,000
Sold
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 Property Type Business/Commercial
 Parcel # 271-00006-0000
 County Green Lake
 Sub Area I12
 Municipality Princeton
 MLS# 1835106
 Listing Date 07/01/2018
 Sold Price $300,000
 Close Date 10/29/2021 12:00 AM

MLS Public Remarks  Prime commercial location in the city of Princeton with excellent highway frontage on 23/73. DOT traffic count 8,100 vehicles per day. Recently updated with all new mechanicals including: electric, plumbing, heating/cooling system. 14,681 sq. ft. with large parking area. Existing leases in place.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Princeton
  • C/T/V  City
  • Unit #  1
  • Directions  In Princeton Corner Of 23/73 And Mechanic Street
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $3
  • Total Units/Bldg  6
  • Building Gross SqFt  14,681
  • Net Leasable SqFt  14,681
  • Year Built  1975
  • Source for Year Built  Slr
  • Approx Bldg Dimen  irr
  • Street Frontage  229
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  1
  • Ceiling Height Min  10
  • Ceiling Height Max  18
  • Number of Loading Docks  0
  • Zoning  commer
  • Est. Total Acres  0.75
  • Source Of Est Acres  LAgnt
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $50,800
  • Assessment Year  2017
  • Net Taxes  $8,548
  • Tax Year  2017
  • Improvements  $316,000
  • Total Assessment  $367,400
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,017
  • Gross Operating Income  $29,400
  • Annual Operating Exp  $20,400
  • Net Operating Income  $9,000
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 multiple 3/3/2019 No $16,200 $3 $0 4,780
    2 mth-mth 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  Over 100 persons
    • EXTERIOR FEATURES  
  • Type   Retail
  • Exterior Treatment  
  • Building Parking  21-35 spaces, Gravel, Onsite
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s)
  • Location  Business district, Near Major Highway
  • Tenant Pays  Janitorial
  • Present Use  Manufacturing, Office, Retail
  • Licenses  None
  • Lease Type  Multiple years
  • Occupied by  
  • Sale Includes  Lease(s)
  • Features  Public rest rooms



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of National Land Realty Llc