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119 Lodi St,  Lodi,  WI  53555 $149,900 Sold
119 Lodi St,  Lodi,  WI  53555
$149,900
Sold
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 Property Type Business/Commercial
 Parcel # 11246-386
 County Columbia
 Sub Area B17
 Municipality Lodi
 MLS# 1843516
 Listing Date 10/09/2018
 Sold Price $135,900
 Close Date 03/06/2020 12:00 AM

MLS Public Remarks  LODI: ATTENTION INVESTORS OPPORTUNITY IS KNOCKING WITH THIS MULTI USE BUILDING IN DOWNTOWN LODI. MAIN LEVEL IS CURRENTLY RENTED OUT TO A LONG TERM COMMERCIAL TENANT & UPSTAIRS 2 APARTMENTS RENTED OUT TOO. THE REAR APARTMENT IS FACING SPRING CREEK WITH A LARGE PRIVATE DECK. THIS WELL KEPT BUILDING OVERLOOKS SPRING CREEK WITH ADDITIONAL STORAGE IN THE REAR OF THE BUILDING THAT THE OWNERS CURRENTLY USE. NEW BOILER, MAIN LEVEL AC UNITS, WATER HEATER, FLOORING ON MAIN LEVEL. 2018 OPERATING EXPENSE NUMBERS UNDER DOCS..
Documents and Related Links  
1) RE Condition Report
2) Addendum S
3) Operating Statement
4) Amendment to RE Condtion Report
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Lodi
  • C/T/V  City
  • Unit #  
  • Directions  Lodi Hwy 60 West From 4 Way Stop On The Left Side
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  3
  • Building Gross SqFt  4,210
  • Net Leasable SqFt  3,200
  • Year Built  999
  • Source for Year Built  Slr
  • Approx Bldg Dimen  26X84
  • Street Frontage  37
  • Parking Fees/Mo.  $0
  • Onsite Parking  NONE
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  10
  • Number of Loading Docks  0
  • Zoning  Comm
  • Est. Total Acres  0.6
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $21,400
  • Assessment Year  2018
  • Net Taxes  $4,639
  • Tax Year  2018
  • Improvements  $173,700
  • Total Assessment  $195,100
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,019
  • Gross Operating Income  $26,280
  • Annual Operating Exp  $19,635
  • Net Operating Income  $6,644
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Written 12/31/2024 Yes $11,700 $0 $0 1,300
    2 Written 0 Yes $8,100 $0 $0 900
    3 Written 0 Yes $8,100 $0 $0 1,000
    Items Included 2 Stoves, 2 Refrigerators, Some window coverings
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Radiant, Window AC
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Apartment building, Office
  • Exterior Treatment  
  • Building Parking  No Parking
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  Waterfront
    • OTHER FEATURES  
  • Documents on File  P & L statement
  • Location  Business district
  • Tenant Pays  No expenses
  • Present Use  Apartment building, Office
  • Licenses  None
  • Lease Type  Month to month, Multiple years
  • Occupied by  
  • Sale Includes  Lease(s)
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Re/Max Preferred