MLS Public Remarks The "anchors" of the active and vibrant downtown Main St Reedsburg retail area are being offered for sale. Peggy's Boutique (formerly a jewelry store) and the Hallmark Gold Crown stores total approximately 4500 sq ft of first floor, first rate retail space. This space which is divided into a 1700 sq ft space and a 2800 sq ft space is or will be vacant and is being offered for lease at $10/sq ft. There is a full dry basement under the first floor for storage. On the second floor are 4 individual apartments fully rented that produce $31,500 of additional annual income. This property has the potential to be an excellent investment especially for someone who can utilize some or all of the first floor retail space. The building has been well cared for and is in "move in" condition.
| * 1 Documents Not Available via MLS |
Location City
Other Marketing Area
Mailing City Reedsburg
C/T/V City
Unit #
Directions Hwy 33 (e Main Street) Downtown Reedsburg On The Corner Of E Main And N Park St.
Real estate for sale Yes
Business for sale No
For lease only No
Ann. Rent/SqFt $0
Total Units/Bldg 6
Building Gross SqFt 10,720
Net Leasable SqFt 4,500
Year Built 999
Source for Year Built Othr
Approx Bldg Dimen 66x68
Street Frontage 66
Parking Fees/Mo. $0
Onsite Parking none
# of Stories 2
Ceiling Height Min 8
Ceiling Height Max 10
Number of Loading Docks 0
Zoning commercial
Est. Total Acres 0.13
Source Of Est Acres PubR
Lot Dimensions 66x68
Owner
Tradename
Land Assessment $42,300
Assessment Year 2020
Net Taxes $6,695
Tax Year 2020
Improvements $278,600
Total Assessment $320,900
Income/Expenses Year $0
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 4 ranges, 4 refrigerators, washer and dryer.
Items Excluded personal property of the tenants and the owners.
Heating/Cooling Central air, Forced air, Other
Water/Waste Municipal sewer, Municipal water
Basement Full
Fuel Natural gas
Seating Capacity
Type Apartment building, Retail
Exterior Treatment Block, Brick, Concrete
Building Parking No Parking
Roofing Rubber/membrane
Terms/Option
Miscellaneous
Documents on File Property Condition Report
Location Business district, Corner, Near Major Highway
Tenant Pays Air Conditioning, Heat
Present Use Apartment building, Retail
Licenses None
Lease Type Gross
Occupied by Tenant(s), Vacant
Sale Includes Assets Only, Lease(s), Signs
Features Display window, Private office(s), Residential unit(s), Signage available
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of First Weber Inc
