Contact Bunbury at 1-877-233-7356 or
[email protected] for more information about this property.

6730 Frank Lloyd Wright Ave,  Middleton,  WI  53562 $1,100,000 Sold
6730 Frank Lloyd Wright Ave,  Middleton,  WI  53562
$1,100,000
Sold
More Photos
 Property Type Business/Commercial
 Parcel # 0708-013-4303-1
 County Dane
 Sub Area W04
 Municipality Middleton
 MLS# 1896151
 Listing Date 10/17/2020
 Sold Price $990,000
 Close Date 12/23/2020 12:00 AM

MLS Public Remarks  Great investment property in Middleton Hills! Walking distance to everything. Middleton school district. 2 commercial and 3 residential units. No lawn maintenance. Shared trash and snow removal with 6720 Frank Lloyd Wright to reduce costs. All residential properties have private entrance, garage and balcony. 100% leased. Four of five units have long-term clients. Rent escalators in commercial units. No issues with the property except for minor leak into office of Theraputic Massage. Sealed windows, cracks in sidewalk, and patched stucco. No issues since repairs. Listing 10/18/2020 Property Showing 10/25 and 11/1 Commercial Units 8:00-9:00 a.m. Residential Units 9:00-10:00 a.m. Call for Offers 11/3/2020 - 5:00 p.m. Desired Close On or before 12/23/2020 Recent Property I
Documents and Related Links  
1) Financial Information
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Middleton
  • C/T/V  City
  • Unit #  
  • Directions  Beltline To Century Avenue East. Left On Frank Lloyd Wright.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $10
  • Total Units/Bldg  5
  • Building Gross SqFt  9,500
  • Net Leasable SqFt  9,200
  • Year Built  2004
  • Source for Year Built  PubR
  • Approx Bldg Dimen  300 Fee
  • Street Frontage  120
  • Parking Fees/Mo.  $0
  • Onsite Parking  Yes
  • # of Stories  2
  • Ceiling Height Min  9
  • Ceiling Height Max  20
  • Number of Loading Docks  0
  • Zoning  G2
  • Est. Total Acres  0.17
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $192,300
  • Assessment Year  2020
  • Net Taxes  $16,118
  • Tax Year  2020
  • Improvements  $638,700
  • Total Assessment  $831,000
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,020
  • Gross Operating Income  $88,668
  • Annual Operating Exp  $25,855
  • Net Operating Income  $62,813
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Various Various 0 $88,668 $10 $0 9,200
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Residential Washer, Dryer, Dishwasher Refrigerators. Water Heater and Water Softener.
    Items Excluded  Tenant Personal Property
    INTERIOR FEATURES  
  • Heating/Cooling  Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Electric, Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Office, Retail
  • Exterior Treatment  
  • Building Parking  11-20 spaces
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Free standing, Near Major Highway, Near public transportatn, Residential area
  • Tenant Pays  Electric
  • Present Use  Office, Retail, Service
  • Licenses  
  • Lease Type  Gross, Mixed lease types, Multiple years
  • Occupied by  
  • Sale Includes  Lease(s)
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Sprinkman Real Estate