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112 E Madison St,  Waterloo,  WI  53594 $299,000 Expired
112 E Madison St,  Waterloo,  WI  53594
$299,000
Expired
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 Property Type Business/Commercial
 Parcel # 290-0813-0822-039
 County Jefferson
 Sub Area K22
 Municipality Waterloo
 MLS# 1907970
 Listing Date 04/28/2021

MLS Public Remarks  Stop working for your money and let your money work for you with these two commercial buildings located in the growing community of Waterloo. This sale consists of two commercial spaces and two upper apartments. One of the commercial spaces is currently rented by H&R Block. The other commercial space is currently vacant for a potential new owner. The upper apartments are fully rented by longer-term tenants that have recently renewed their leases. The owner has made many capital improvements in recent years including: rubber membrane roof, new furnaces, updated electrical, etc... These buildings also have large exposed basements for potential storage income or ?? Lots of possibilities here.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Waterloo
  • C/T/V  City
  • Unit #  
  • Directions  From I-94, Exit Hwy 89 North To Downtown Waterloo.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $1,900
  • Total Units/Bldg  2
  • Building Gross SqFt  5,600
  • Net Leasable SqFt  5,600
  • Year Built  1906
  • Source for Year Built  Othr
  • Approx Bldg Dimen  48X80
  • Street Frontage  48
  • 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  0.15
  • Source Of Est Acres  PubR
  • Lot Dimensions  21x157
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $23,400
  • Assessment Year  2020
  • Net Taxes  $2,005
  • Tax Year  2020
  • Improvements  $139,800
  • Total Assessment  $163,200
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,020
  • Gross Operating Income  $20,600
  • Annual Operating Exp  $0
  • Net Operating Income  $20,600
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Gross 1-year 0 $800 $1,900 $0 1,900
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Zoned heating
  • Water/Waste  Municipal water, Non-Municipal/Prvt dispos
  • Basement  Full, Poured concrete foundatn, Walkout/Outside entrance
  • Fuel  Natural gas
  • Seating Capacity  1-10 persons
    • EXTERIOR FEATURES  
  • Type   Apartment building, Office, Retail
  • Exterior Treatment  Brick, Concrete
  • Building Parking  1-5 spaces, Onsite, Paved
  • Roofing  Rubber/membrane
  • Terms/Option  Exchange
  • Miscellaneous  Internet - Cable
    • OTHER FEATURES  
  • Documents on File  Lease(s)
  • Location  Business district
  • Tenant Pays  Air Conditioning, Electric, Heat, Sewer, Water
  • Present Use  Apartment building, Office
  • Licenses  None
  • Lease Type  Annual, Mixed lease types, Multiple years
  • Occupied by  Tenant(s)
  • Sale Includes  N/A
  • Features  Display window, Inside storage, Private Restrooms, Residential unit(s)



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of 1848 Real Estate