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200 Clarmar Dr,  Sun Prairie,  WI  53590 $485,000 Sold
200 Clarmar Dr,  Sun Prairie,  WI  53590
$485,000
Sold
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 Property Type Business/Commercial
 Parcel # 0811-072-8590-6
 County Dane
 Sub Area D45
 Municipality Sun Prairie
 MLS# 1847524
 Listing Date 12/31/2018
 Sold Price $325,000
 Close Date 06/30/2021 12:00 AM

MLS Public Remarks  Located just off Main St and one block from Walmart! This fully leased automotive repair shop comes with 24 mini warehouses for additional income. 4,000 sq. ft. retail/shop/storage area is leased until 2025.
Documents and Related Links  
1) RECR
2) Layout
3) Aerial map
4) Rent Roll
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Sun Prairie
  • C/T/V  City
  • Unit #  
  • Directions  Main St To Clarmar. First Property On The Right.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $5
  • Total Units/Bldg  25
  • Building Gross SqFt  10,000
  • Net Leasable SqFt  10,000
  • Year Built  1975
  • Source for Year Built  PubR
  • Approx Bldg Dimen  250x70
  • Street Frontage  353
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  1
  • Ceiling Height Min  9
  • Ceiling Height Max  15
  • Number of Loading Docks  0
  • Zoning  UC Commerc
  • Est. Total Acres  0.73
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $177,000
  • Assessment Year  2019
  • Net Taxes  $11,517
  • Tax Year  2019
  • Improvements  $288,800
  • Total Assessment  $465,800
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,019
  • Gross Operating Income  $33,248
  • Annual Operating Exp  $20,168
  • Net Operating Income  $13,080
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 gross rent 08/31/2025 No $21,600 $5 $0 4,000
    2 gross rent m-m Yes $29,400 $5 $0 6,220
    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  Slab/None
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Automotive, Office, Retail, Self storage, Service, Warehouse
  • Exterior Treatment  
  • Building Parking  11-20 spaces, Gravel, Onsite, Paved
  • Roofing  Composition, Partially flat, Tar & gravel
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Business district, Free standing, Near Major Highway
  • Tenant Pays  Air Conditioning, Electric, Heat, Janitorial, Sewer, Snow removal, Trash Services, Water
  • Present Use  Automotive, Retail, Self storage, Service
  • Licenses  None
  • Lease Type  Gross, Multiple years
  • Occupied by  
  • Sale Includes  Lease(s)
  • Features  Inside storage, Overhead doors, Private Restrooms



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Conrad Real Estate Services Llc