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

 Property Type Business/Commercial
 Parcel # Multiple
 County Dane
 Sub Area D44
 Municipality Stoughton
 MLS# 1910387
 Listing Date 05/10/2021
 Sold Price $1,250,000
 Close Date 09/03/2021 12:00 AM

MLS Public Remarks  Cornerstone Condominium is a high quality 15 unit mixed use property in Stoughton. 2 of the units have been sold. The remaining 13, 10 residential and 3 commercial, are available as a package. Cornerstone is located at the hub of downtown, just steps from the Main Street Arts and Entertainment District, as well as Division Street Park along Yahara River, municipal parking lot, coffee shops, food/beverage, Public Library and acclaimed Stoughton Opera House. Still developer owned, Cornerstone is a solid, respected, well-maintained property with stable tenant base. The commercial space is professional and the residential units are above typical apartment quality. NOI reflects $19,486 in condominium fees paid in 2020. Potential to increase NOI.
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Stoughton
  • C/T/V  City
  • Unit #  
  • Directions  North Off Main Street On Division Street. One Block To Corner Of South Division Street And East Washington Street.
  • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  15
  • Building Gross SqFt  0
  • Net Leasable SqFt  0
  • Year Built  2004
  • Source for Year Built  Slr
  • Approx Bldg Dimen  0
  • Street Frontage  0
  • Parking Fees/Mo.  $0
  • Onsite Parking  yes
  • # of Stories  2
  • Ceiling Height Min  0
  • Ceiling Height Max  0
  • Number of Loading Docks  0

  • Zoning  PD
  • Est. Total Acres  0.0
  • Source Of Est Acres  Othr
  • Lot Dimensions  
  • Owner  
  • Tradename  Cornerstone Condominium
  • ASSESSMENT & TAXES  
  • Land Assessment  $0
  • Assessment Year  2021
  • Net Taxes  $0
  • Tax Year  2021
  • Improvements  $0
  • Total Assessment  $0
  • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,021
  • 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 0 0 0 $0 $0 $0 0
    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
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Partial, Poured concrete foundatn
  • Fuel  Natural gas
  • Seating Capacity  
  • EXTERIOR FEATURES  
  • Type   Apartment building, Office, Retail
  • Exterior Treatment  
  • Building Parking  21-35 spaces, Onsite, Paved
  • Roofing  All flat, Other
  • Terms/Option  
  • Miscellaneous  Internet - Cable
  • OTHER FEATURES  
  • Documents on File  Lease(s), Property Condition Report
  • Location  Corner, Near Major Highway
  • Tenant Pays  Electric, Heat
  • Present Use  Apartment building, Office, Retail
  • Licenses  
  • Lease Type  Other
  • Occupied by  
  • Sale Includes  Lease(s)
  • Features  Alley, Inside storage, Residential unit(s)



  • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Coldwell Banker Real Estate Gr