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 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.
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
Land Assessment $0
Assessment Year 2021
Net Taxes $0
Tax Year 2021
Improvements $0
Total Assessment $0
Income/Expenses Year $2,021
Gross Operating Income $0
Annual Operating Exp $0
Net Operating Income $0
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
Heating/Cooling Central air, Forced air
Water/Waste Municipal sewer, Municipal water
Basement Partial, Poured concrete foundatn
Fuel Natural gas
Seating Capacity
Type Apartment building, Office, Retail
Exterior Treatment
Building Parking 21-35 spaces, Onsite, Paved
Roofing All flat, Other
Terms/Option
Miscellaneous Internet - Cable
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