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837-841 Water St,  Sauk City,  WI  53583 $449,900 Sold
837-841 Water St,  Sauk City,  WI  53583
$449,900
Sold
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 Property Type Business/Commercial
 Parcel # 181-0194-00000
 County Sauk
 Sub Area Q28
 Municipality Sauk City
 MLS# 1900097
 Listing Date 01/04/2021
 Sold Price $392,500
 Close Date 04/15/2021 12:00 AM

MLS Public Remarks  Looking for commercial space on the busiest corner in Sauk City? Fantastic exposure on the main artery in town and only 20 minutes from the West Side of Madison. The Sauk Prairie community is thriving with the new Vintage Brewing Company, Great Sauk State Trail, Wisconsin River waterway and in the heart of an area that is growing exponentially. Two commercial units with 5 residential apartments will get your cash flowing! Street and Public parking lot in the back. Occupy or lease out both commercial units for an amazing investment opportunity. Located across the street from public trails and the WI River.
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  Sauk City
  • C/T/V  Village
  • Unit #  
  • Directions  Hwy 12/Phillips Blvd To Water Street.
    • BUILDING DESCRIPTION  
  • Real estate for sale  No
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $6
  • Total Units/Bldg  7
  • Building Gross SqFt  7,244
  • Net Leasable SqFt  7,244
  • Year Built  1900
  • Source for Year Built  Appr
  • Approx Bldg Dimen  52x70
  • Street Frontage  52
  • Parking Fees/Mo.  $0
  • Onsite Parking  Yes
  • # of Stories  2
  • Ceiling Height Min  10
  • Ceiling Height Max  12
  • Number of Loading Docks  0
  • Zoning  Commercial
  • Est. Total Acres  0.12
  • Source Of Est Acres  Othr
  • Lot Dimensions  52X99
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $73,000
  • Assessment Year  2018
  • Net Taxes  $8,128
  • Tax Year  2018
  • Improvements  $341,000
  • Total Assessment  $414,000
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,018
  • Gross Operating Income  $40,980
  • Annual Operating Exp  $17,215
  • Net Operating Income  $23,765
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 841 Water 09/01/2019 Yes $8,400 $6 $0 1,336
    2 837 #1 Apt MTM Yes $575 $10 $0 687
    3 837 #2 Apt MTM Yes $6,600 $12 $0 557
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Radiant
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full
  • Fuel  Natural gas
  • Seating Capacity  76-100 persons
    • EXTERIOR FEATURES  
  • Type   Beauty/barber, Office, Other, Restaurant/Supper Club, Retail, Tavern
  • Exterior Treatment  
  • Building Parking  1-5 spaces, 21-35 spaces, Onsite, Other
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s)
  • Location  Business district, Corner, Near Major Highway, Other, Shopping center
  • Tenant Pays  Electric, Heat, Janitorial, Sewer, Water
  • Present Use  Office, Retail
  • Licenses  None
  • Lease Type  Mixed lease types
  • Occupied by  
  • Sale Includes  Lease(s), Signs
  • Features  Display window, Less than 440 volt, Private Restrooms, Residential unit(s), Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Re/Max Preferred