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261 E Court St,  Richland Center,  WI  53581 $195,000 Sold
261 E Court St,  Richland Center,  WI  53581
$195,000
Sold
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 Property Type Business/Commercial
 Parcel # Multiple
 County Richland
 Sub Area O14
 Municipality Richland Center
 MLS# 1912059
 Listing Date 06/14/2021
 Sold Price $150,000
 Close Date 10/28/2022 12:00 AM

MLS Public Remarks  Over 7700 square feet of gross space on the First and Second floors. First Floor contains 4176 square feet of office space completely remodeled in 2002. 12 rooms (6 offices, break room, reception/waiting area, conference room, storage rooms) plus a mechanical room and Two 1/2 baths. 200 amp electrical service. Recent gas furnace, central air. Second Floor has limited recent finish but has potential and offers a separate entry/exit. Lot consists of 2 tax parcels for a total of 9498 square feet and includes a blacktopped parking lot with 14 vehicle spaces. Lot is subject to a 5' alley along the West side.
Documents and Related Links  
1) Seller Disclosure Report
2) Zoning
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Richland Center
  • C/T/V  City
  • Unit #  
  • Directions  From Main Street Turn East Onto Court Street
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $7
  • Total Units/Bldg  1
  • Building Gross SqFt  7,700
  • Net Leasable SqFt  4,176
  • Year Built  1918
  • Source for Year Built  PubR
  • Approx Bldg Dimen  42x100
  • Street Frontage  132
  • Parking Fees/Mo.  $0
  • Onsite Parking  14 Stalls
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  12
  • Number of Loading Docks  0
  • Zoning  C-G
  • Est. Total Acres  0.21
  • Source Of Est Acres  PubR
  • Lot Dimensions  132x66
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $35,000
  • Assessment Year  2020
  • Net Taxes  $3,570
  • Tax Year  2020
  • Improvements  $106,400
  • Total Assessment  $141,400
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • 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 Written 01/31/2022 0 $30,000 $7 $0 4,176
    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
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Office
  • Exterior Treatment  Block, Stucco
  • Building Parking  11-20 spaces, Onsite, Paved
  • Roofing  All flat, Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Residential area
  • Tenant Pays  Air Conditioning, Electric, Heat, Janitorial, Sewer, Snow removal, Trash Services, Water
  • Present Use  Office
  • Licenses  None
  • Lease Type  Annual
  • Occupied by  Tenant(s)
  • Sale Includes  N/A
  • Features  Alley, Private Restrooms, Reception area



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Marshall Agency, Realtors