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502 Plaza Dr,  Marshall,  WI  53559 $850,000 Expired
502 Plaza Dr,  Marshall,  WI  53559
$850,000
Expired
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 Property Type Business/Commercial
 Parcel # 0812-094-9582-1
 County Dane
 Sub Area D26
 Municipality Marshall
 MLS# 1859623
 Listing Date 06/06/2019

MLS Public Remarks  For lease or sale, is Marshall Plaza located in the quaint Village of Marshall, WI. Great opportunity to open your retail shop at the village's shopping center that is located next to the heavily trafficked Kwik Trip. Vacant 3,444 sq. ft. unit is a former fitness center; Vacant 1,830 sq. ft. was a salon. Tenants include: Rusty's Pizza, La Oaxaquena (Mexican grocery), and Dragon Chinese Restaurant. Great option as there are three tenants who can provide rental income. Massive parking lot can also open options for outdoor events (pending village approvals). Great possibility for an event center or church. CA/NDA needed for building financials.
Documents and Related Links  
1) Property Flyer
2) Property Map
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  Marshall
  • C/T/V  Village
  • Unit #  
  • Directions  Property Is Visible Along W. Main St. Plaza Dr Is More Of A Frontage Road. Property Is Next To Kwik Trip
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $1
  • Total Units/Bldg  5
  • Building Gross SqFt  12,124
  • Net Leasable SqFt  12,124
  • Year Built  999
  • Source for Year Built  Othr
  • Approx Bldg Dimen  n/a
  • Street Frontage  350
  • Parking Fees/Mo.  $0
  • Onsite Parking  ample
  • # of Stories  1
  • Ceiling Height Min  10
  • Ceiling Height Max  10
  • Number of Loading Docks  0
  • Zoning  Commercial
  • Est. Total Acres  1.85
  • Source Of Est Acres  Slr
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $152,500
  • Assessment Year  2018
  • Net Taxes  $15,973
  • Tax Year  2018
  • Improvements  $553,000
  • Total Assessment  $705,500
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $1
  • Gross Operating Income  $1
  • Annual Operating Exp  $1
  • Net Operating Income  $1
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Gross TBD 0 $1 $1 $0 1
    2 - 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 water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Beauty/barber, Church, Office, Retail, Shopping center/StripMall
  • Exterior Treatment  
  • Building Parking  56 or more spaces, Onsite, Paved
  • Roofing  Other
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Shopping center
  • Tenant Pays  Air Conditioning, Electric, Heat, Sewer, Water
  • Present Use  Grocery, Restaurant/Supper Club, Retail
  • Licenses  
  • Lease Type  Gross
  • Occupied by  
  • Sale Includes  Other
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Plato Commercial Real Estate, Llc