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1231 Madison St,  Beaver Dam,  WI  53916 $149,000 Sold
1231 Madison St,  Beaver Dam,  WI  53916
$149,000
Sold
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 Property Type Business/Commercial
 Parcel # 004-1114-0823-018
 County Dodge
 Sub Area F03
 Municipality Beaver Dam
 MLS# 1869530
 Listing Date 09/26/2019
 Sold Price $140,000
 Close Date 05/18/2020 12:00 AM

MLS Public Remarks  Great location with easy access to USH 151 full diamond interchange. Masonry building with upper and lower units rented, long term tenants. Upper remainder of 5 year lease. Lower willing to stay or can moved depending on Buyer wishes.Tenants pay own utilities. Approx 6,000 sq. ft. per floor. Lower level has with large overhead drive in doors. Substantial masonry floors. RECENT UPDATES: Building upper level insulated, windows in front of building,2 new furnaces rooftop air-conditioner, rubber roof (2014 w/ 15 year warranty) high efficiency lights 2017. See associated docs for more info.
Documents and Related Links  
1) Ariel Location Map
2) CSM Unit 2
3) Condition Report
4) Additional Information
5) condo docs
LOCATION  
  • Location  Town
  • Other Marketing Area  
  • Mailing City  Beaver Dam
  • C/T/V  Town
  • Unit #  
  • Directions  Exit 129 From Ush 151 Into Beaver Dam Property On Madison Street.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $2
  • Total Units/Bldg  2
  • Building Gross SqFt  12,000
  • Net Leasable SqFt  12,000
  • Year Built  1956
  • Source for Year Built  Slr
  • Approx Bldg Dimen  78x78
  • Street Frontage  80
  • Parking Fees/Mo.  $0
  • Onsite Parking  10
  • # of Stories  2
  • Ceiling Height Min  9
  • Ceiling Height Max  14
  • Number of Loading Docks  0
  • Zoning  comm
  • Est. Total Acres  0.34
  • Source Of Est Acres  
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $11,000
  • Assessment Year  2018
  • Net Taxes  $2,865
  • Tax Year  2018
  • Improvements  $160,000
  • Total Assessment  $171,000
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $19,800
  • Annual Operating Exp  $0
  • Net Operating Income  $0
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 written 10/7/22 0 $12,000 $2 $0 6,000
    2 mo to mo 0 Yes $7,800 $1 $0 6,000
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded  Tenant personal property
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Holding tank, Joint well
  • Basement  
  • Fuel  Electric, Natural gas
  • Seating Capacity  Over 100 persons
    • EXTERIOR FEATURES  
  • Type   Automotive, Beauty/barber, Church, Commercial Condo, Day care, Grocery, Industrial, Manufacturing, Office, Retail, School, Service, Shopping center/StripMall, Warehouse, Wholesale
  • Exterior Treatment  
  • Building Parking  11-20 spaces, Onsite, Paved, Shared
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Business district, Near Major Highway
  • Tenant Pays  Air Conditioning, Electric, Heat, Sewer, Snow removal, Trash Services
  • Present Use  Service, Warehouse
  • Licenses  None
  • Lease Type  Month to month
  • Occupied by  
  • Sale Includes  N/A
  • Features  Display window, Inside storage, Loading dock(s), Outside storage, Public rest rooms, Ramp, Truck dr(s) hgr than 15ft



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Ballweg'S Real Estate Llc