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402 Lincoln St,  Mauston,  WI  53948 $379,900 Expired
402 Lincoln St,  Mauston,  WI  53948
$379,900
Expired
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 Property Type Business/Commercial
 Parcel # 292510234
 County Juneau
 Sub Area L16
 Municipality Mauston
 MLS# 1871329
 Listing Date 10/22/2019

MLS Public Remarks  Retail Store plus 3 apartments generates enough income to support a sale price of over $500,000. This is a real cash cow !! All 3 apartments are currently rented and there is a very profitable resale store on the main level. The current owner has done an excellent job creating a very successful and manageable business and is now ready to turn this "turn-key" business over to a new owner so he can start his next venture. The building is in excellent condition with recent improvements including: Fresh Blacktop / 300 Amp. elect. service / All units are metered separately / Additional Insulation / Upgraded Windows / Newly Remodeled Apartments.
Documents and Related Links  
1) Aerial Map
2) Condition Report
3) Lead Based Paint Disclosure
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Mauston
  • C/T/V  City
  • Unit #  
  • Directions  From Hwy 82 East - North Onto Lincoln St. To Property On The Right.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  4
  • Building Gross SqFt  7,791
  • Net Leasable SqFt  7,791
  • Year Built  1943
  • Source for Year Built  Othr
  • Approx Bldg Dimen  40x60
  • Street Frontage  103
  • Parking Fees/Mo.  $0
  • Onsite Parking  Yes
  • # of Stories  3
  • Ceiling Height Min  8
  • Ceiling Height Max  8
  • Number of Loading Docks  0
  • Zoning  G2
  • Est. Total Acres  0.7
  • Source Of Est Acres  
  • Lot Dimensions  103x297
  • Owner  
  • Tradename  Resale Shop
    • ASSESSMENT & TAXES  
  • Land Assessment  $21,800
  • Assessment Year  0
  • Net Taxes  $3,566
  • Tax Year  2018
  • Improvements  $103,900
  • Total Assessment  $0
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $0
  • 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 N/A N/A 0 $8,400 $0 $0 0
    2 - 0 0 $7,800 $0 $0 0
    3 - 0 0 $6,600 $0 $0 0
    Items Included 3 Refrigerators c/ 3 Stoves / 4 NG Furnaces / 3 HW Heaters / 3 Wall A/C Units Coin Operated Washer & Dryer
    Items Excluded  Inventory / Seller's & Renter's Personal Property
    INTERIOR FEATURES  
  • Heating/Cooling  Forced air, Radiant, Wall AC
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Slab/None
  • Fuel  Electric, Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Apartment building, Office, Retail, Service
  • Exterior Treatment  
  • Building Parking  11-20 spaces, Onsite, Paved
  • Roofing  Tar & gravel
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Business district, Free standing, Near Major Highway, Residential area
  • Tenant Pays  Electric, Heat, Sewer, Trash Services, Water
  • Present Use  Apartment building, Retail
  • Licenses  Other, Special use
  • Lease Type  Month to month
  • Occupied by  
  • Sale Includes  Business name, Equipment, Other, Signs
  • Features  Display window, Inside storage, Outside storage, Private Restrooms, Public rest rooms, Residential unit(s), Security lighting



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Castle Rock Realty Llc