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6803 University Ave,  Middleton,  WI  53562 $795,000 Expired
6803 University Ave,  Middleton,  WI  53562
$795,000
Expired
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 Property Type Business/Commercial
 Parcel # 0708-123-3492-2
 County Dane
 Sub Area W04
 Municipality Middleton
 MLS# 1883687
 Listing Date 05/18/2020

MLS Public Remarks  Great opportunity to be part of a very retail-mature area of Middleton! You can lease it, or you can buy it! Building is in the heart of a stretch of University Ave that is surrounded many local, regional, and national businesses. This could be a great opportunity for an owner-occupant! Building has University Ave. and Mayflower Dr. addresses: 6803 University Ave.: 2,110 sq. ft. (former salon suite); 1916/1918 Mayflower Dr., 2,588 sq. ft. (former furniture store); 1914 Mayflower Dr., 1,668 sq. ft. (former trophy store). Building currently has one tenant: University Coin & Jewelry. Leasing rate is $12-$13 per sq. ft. modified gross. Great option and property for a small retailer, specialty retailer/office, light production, or startup. Building financials upon request.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Middleton
  • C/T/V  City
  • Unit #  
  • Directions  Along The South Side Of University Ave
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $1
  • Total Units/Bldg  8347
  • Building Gross SqFt  8,347
  • Net Leasable SqFt  8,347
  • Year Built  999
  • Source for Year Built  Slr
  • Approx Bldg Dimen  60x140
  • Street Frontage  60
  • Parking Fees/Mo.  $0
  • Onsite Parking  no
  • # of Stories  1
  • Ceiling Height Min  9
  • Ceiling Height Max  14
  • Number of Loading Docks  0
  • Zoning  commercial
  • Est. Total Acres  0.28
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $204,000
  • Assessment Year  2019
  • Net Taxes  $16,371
  • Tax Year  2019
  • Improvements  $640,000
  • Total Assessment  $844,000
    • 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 MG TBD 0 $1 $1 $0 2,110
    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 sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Retail
  • Exterior Treatment  
  • Building Parking  Offsite, Other
  • Roofing  Other
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Shopping center
  • Tenant Pays  Air Conditioning, Electric, Heat, Insurance, Janitorial, Sewer, Water
  • Present Use  Retail
  • Licenses  
  • Lease Type  Mixed lease types
  • Occupied by  
  • Sale Includes  Lease(s)
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Plato Commercial Real Estate, Llc