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310 Seippel Blvd,  Beaver Dam,  WI  53916 $450,000 Sold
310 Seippel Blvd,  Beaver Dam,  WI  53916
$450,000
Sold
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 Property Type Business/Commercial
 Parcel # 206-1214-2734-000
 County Dodge
 Sub Area F02
 Municipality Beaver Dam
 MLS# 1899785
 Listing Date 12/28/2020
 Sold Price $419,000
 Close Date 02/17/2021 12:00 AM

MLS Public Remarks  Well established 8,000 sq ft building with three suites just off Highway 151 in Beaver Dam. Building built in 1996 with reputable design company and Assisted living program as tenants. One vacant space with approximately 3500 sq ft would be ideal for owner/occupant. Parking lot redone in Spring of '20, plenty of parking with easy ingress/egress.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Beaver Dam
  • C/T/V  City
  • Unit #  
  • Directions  Hwy 51 To W On Industrial To S On Seippel
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $7
  • Total Units/Bldg  3
  • Building Gross SqFt  8,000
  • Net Leasable SqFt  8,000
  • Year Built  1996
  • Source for Year Built  Slr
  • Approx Bldg Dimen  0
  • Street Frontage  160
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  15
  • Number of Loading Docks  0
  • Zoning  comm
  • Est. Total Acres  1.1
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $71,800
  • Assessment Year  2019
  • Net Taxes  $9,000
  • Tax Year  2019
  • Improvements  $316,000
  • Total Assessment  $387,800
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,020
  • Gross Operating Income  $38,344
  • Annual Operating Exp  $13,700
  • Net Operating Income  $24,644
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Mod Gross 12-31-21 Yes $22,400 $7 $0 3,200
    2 Gross 9-30-21 Yes $15,480 $0 $0 1,200
    3 vacant 0 0 $42,000 $0 $0 3,500
    Items Included Building and land
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Slab/None
  • Fuel  Natural gas
  • Seating Capacity  31-50 persons
    • EXTERIOR FEATURES  
  • Type   Manufacturing, Office, Retail, Service, Wholesale
  • Exterior Treatment  
  • Building Parking  36-55 spaces, Onsite, Paved
  • Roofing  Metal
  • Terms/Option  Lease back
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s), Property Condition Report
  • Location  Business district, Free standing, Industrial park, Near Major Highway, Shopping center
  • Tenant Pays  Air Conditioning, All expenses, Electric, Heat, Insurance, Janitorial, Sewer, Snow removal, Taxes, Trash Services, Water
  • Present Use  Manufacturing, Office, Service
  • Licenses  None
  • Lease Type  Annual, Gross, Multiple years, Renewal options
  • Occupied by  
  • Sale Includes  Lease(s), Signs
  • Features  Display window, Overhead doors, Private Restrooms, Private office(s), Reception area, Shared Restrooms, Signage available, Truck dr(s) 15ft or lower



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Re/Max Preferred