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1118 17th Ave,  Monroe,  WI  53566 $264,000 Sold
1118 17th Ave,  Monroe,  WI  53566
$264,000
Sold
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 Property Type Business/Commercial
 Parcel # 25100550000
 County Green
 Sub Area H15
 Municipality Monroe
 MLS# 1918312
 Listing Date 08/23/2021
 Sold Price $230,000
 Close Date 02/28/2022 12:00 AM

MLS Public Remarks  This iconic Swiss chalet-style office building is now available to a new owner! Property is currently divided into 3 suites. 2 are rented and the third is available for a new tenant or owner occupant. Less than a block from the downtown square, this property is in an ideal location for office users and within walking distance of several food and shopping options. Gross Operating Income is based on 100% occupancy. Tenants pay a portion of electric and heat utilities. Roof may be nearing the end of its useful life - buyer to verify. Also available: 2,325 SF for lease at $1,195 per moth + $175/mo for utilities.
Documents and Related Links  
1) Seller Disclosure
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Monroe
  • C/T/V  City
  • Unit #  
  • Directions  On The First Block South Of The Square.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  3
  • Building Gross SqFt  9,400
  • Net Leasable SqFt  8,600
  • Year Built  999
  • Source for Year Built  Othr
  • Approx Bldg Dimen  100x48
  • Street Frontage  48
  • Parking Fees/Mo.  $0
  • Onsite Parking  N
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  8
  • Number of Loading Docks  0
  • Zoning  CMU
  • Est. Total Acres  0.11
  • Source Of Est Acres  PubR
  • Lot Dimensions  48x100
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $21,300
  • Assessment Year  2021
  • Net Taxes  $6,364
  • Tax Year  2020
  • Improvements  $218,700
  • Total Assessment  $240,000
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,020
  • Gross Operating Income  $35,460
  • Annual Operating Exp  $13,228
  • Net Operating Income  $22,232
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Gross 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  Slab/None
  • Fuel  Natural gas, Oil
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Office, Retail
  • Exterior Treatment  Brick, Stone, Wood
  • Building Parking  No Parking, Other
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Business district
  • Tenant Pays  Electric, Heat
  • Present Use  Office
  • Licenses  None
  • Lease Type  Gross
  • Occupied by  Tenant(s)
  • Sale Includes  Lease(s)
  • Features  Private office(s)



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Acres Realty