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314 Main St,  Darlington,  WI  53530 $119,000 Expired
314 Main St,  Darlington,  WI  53530
$119,000
Expired
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 Property Type Business/Commercial
 Parcel # 216-0114-0000
 County Lafayette
 Sub Area M10
 Municipality Darlington
 MLS# 1878617
 Listing Date 03/06/2020

MLS Public Remarks  Well managed 3-unit rental property located in Darlington. Great open Store front and lots of space for retail. A well established Mexican Grocery store is on the 1st floor and there are 2 apartment units on the 2nd floor. All tenants pay their own utilities. New Metal roof a few years ago and solid income come with this property.
Documents and Related Links  
1) Add S
2) Disclosure
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Darlington
  • C/T/V  City
  • Unit #  
  • Directions  Middle Of Main Street
    • 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  2,880
  • Net Leasable SqFt  2,400
  • Year Built  999
  • Source for Year Built  Othr
  • Approx Bldg Dimen  120X24
  • Street Frontage  10
  • Parking Fees/Mo.  $0
  • Onsite Parking  5
  • # of Stories  2
  • Ceiling Height Min  10
  • Ceiling Height Max  11
  • Number of Loading Docks  0
  • Zoning  Com
  • Est. Total Acres  0.06
  • Source Of Est Acres  Othr
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $5,300
  • Assessment Year  2019
  • Net Taxes  $2,147
  • Tax Year  2019
  • Improvements  $70,300
  • Total Assessment  $75,600
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,019
  • Gross Operating Income  $15,960
  • Annual Operating Exp  $3,500
  • Net Operating Income  $12,640
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Rent M2M 0 $4,560 $0 $0 0
    2 Rent M2M 0 $6,000 $0 $0 0
    3 Rent M2M 0 $5,400 $0 $0 0
    Items Included 
    Items Excluded  Seller/Tenant's personal Items
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Radiant
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Other foundation, Partial
  • Fuel  Electric, Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Grocery, Office, Retail, Service, Wholesale
  • Exterior Treatment  
  • Building Parking  1-5 spaces
  • Roofing  Metal
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Business district, Near Major Highway
  • Tenant Pays  All expenses, Electric, Heat, Sewer, Water
  • Present Use  Apartment building, Grocery, Retail
  • Licenses  
  • Lease Type  Month to month
  • Occupied by  
  • Sale Includes  Other
  • Features  Display window, Residential unit(s)



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Lori Droessler Real Estate, Inc.