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229 N Ludington St,  Columbus,  WI  53925 $1,350,000 Expired
229 N Ludington St,  Columbus,  WI  53925
$1,350,000
Expired
More Photos
 Property Type Business/Commercial
 Parcel # 11211 204
 County Columbia
 Sub Area B05
 Municipality Columbus
 MLS# 1893100
 Listing Date 09/08/2020

MLS Public Remarks  Looking for a unique property investment? The quaint historic feel of the small town property provides multiple opportunities for ample income. With over 6019 sq. ft. available for income producing opportunities. The property currently holds spaces for a family home, two apts, a commercial business, and a bed and breakfast. The 2 apts are both under leasing contract. The bed and breakfast has an occupancy rate of 75% or more and reservations through 2021. August saw an occupancy of 90%. Extensive updates to the picturesque half-acre property. The location, close to the amtrak station, downtown and major interstates all make this the optimal investment and a must see! This property can be seen also at #1900372
Documents and Related Links  
1) H A Whitney Property Description
2) Addendum S
3) RECR
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Columbus
  • C/T/V  City
  • Unit #  
  • Directions  Exit 115 Into Columbus Bux 151 Or Hwy 73. To Stop & Go Light. Second Block On Your Left.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  6
  • Building Gross SqFt  6,019
  • Net Leasable SqFt  6,019
  • Year Built  1868
  • Source for Year Built  PubR
  • Approx Bldg Dimen  0x0
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  10
  • Number of Loading Docks  0
  • Zoning  Commercial
  • Est. Total Acres  0.53
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $56,800
  • Assessment Year  2019
  • Net Taxes  $5,849
  • Tax Year  2019
  • Improvements  $192,600
  • Total Assessment  $249,400
    • 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 None 0 No $0 $0 $0 1,791
    2 Mo-Mo 0 Yes $13,200 $19 $0 704
    3 MO-MO 0 Yes $8,700 $17 $0 523
    Items Included 4 range/ovens, 4 refrigerators, 2 dishwashers, 2 washers & 2 washers. 2 Combo Washers & Dryers, 2 free standing Microwaves.
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Radiant, Wall AC
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Block foundation, Partial
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Apartment building, Office, Retail, Service
  • Exterior Treatment  Brick
  • Building Parking  1-5 spaces, Onsite
  • Roofing  All flat, Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Business district, Free standing, Near Major Highway
  • Tenant Pays  No expenses
  • Present Use  Apartment building, Service
  • Licenses  
  • Lease Type  None
  • Occupied by  
  • Sale Includes  Furniture
  • Features  Alley, Display window, Private Restrooms, Private office(s), Reception area, Residential unit(s)



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Tri-County Real Estate, Inc.