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525-529 W North St,  DeForest,  WI  53532 $895,000 Sold
525-529 W North St,  DeForest,  WI  53532
$895,000
Sold
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 Property Type Business/Commercial
 Parcel # 0910-182-0135-0
 County Dane
 Sub Area D20
 Municipality DeForest
 MLS# 1896054
 Listing Date 10/13/2020
 Sold Price $845,000
 Close Date 06/11/2021 12:00 AM

MLS Public Remarks  Original building constructed in 1985, expanded and updated in 2015. Highly visible and well trafficked location! o Profitable laundromat business (2,400 SF) included in sale of property o Substantial equipment and inventory included in the asking price o Wishing Well 2.0 daycare leases 3,600 SF at $16.10 PSF plus utilities. Buyer will have flexibility to work with Wishing Well 2.0 on lease extension or termination o Property boasts substantial on-site parking
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  DeForest
  • C/T/V  Village
  • Unit #  
  • Directions  Exit Ramp 126 I 39/90, Stay On County V (north Street), Right Hand Side, Shortly After Old Indian Trail.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $17
  • Total Units/Bldg  2
  • Building Gross SqFt  5,960
  • Net Leasable SqFt  5,960
  • Year Built  1985
  • Source for Year Built  Slr
  • Approx Bldg Dimen  160x40
  • Street Frontage  180
  • Parking Fees/Mo.  $0
  • Onsite Parking  36 Stalls
  • # of Stories  1
  • Ceiling Height Min  10
  • Ceiling Height Max  10
  • Number of Loading Docks  0
  • Zoning  G2
  • Est. Total Acres  0.84
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $182,400
  • Assessment Year  2020
  • Net Taxes  $13,422
  • Tax Year  2020
  • Improvements  $456,500
  • Total Assessment  $638,900
    • 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 Gross Negotiable Yes $59,700 $17 $0 3,560
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Inventory list provided to interested and qualified buyers.
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Slab/None
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Day care, Office, Retail, Service
  • Exterior Treatment  
  • Building Parking  36-55 spaces, Onsite, Paved
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Blue prints, Fixtures & equipment, Inventory list, Lease(s), P & L statement, Property Condition Report
  • Location  Business district
  • Tenant Pays  Air Conditioning, Electric, Heat
  • Present Use  Day care, Service
  • Licenses  
  • Lease Type  Month to month
  • Occupied by  
  • Sale Includes  Business name, Equipment, Furniture, Inventory, Signs
  • Features  Display window, Private Restrooms, Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Coldwell Banker Real Estate Group