MLS Public Remarks Investors take note of this fully rented 3-flat! Known historically as the 'Dr. Samuel Blumer House' this property is listed on the National Register of Historic places. The building is a mixed-use commercial/retail & residential. It is fully rented with exceptional long-term tenants. There is a lovely sun-filled retail space w/gleaming hardwood floors, studio/efficiency apt w/balcony & storage shed & the 3rd unit in back is a 2 bedroom two story apt w/detached 2 car garage. This is an amazing investment opportunity w/Air BNB/VRBO unlimited income potential right in the heart of downtown New Glarus and within walking distance to everything! Sq. ft. is approx. - Buyer to verify if material.
1) ADD S |
* 1 Documents Not Available via MLS |
Location Village
Other Marketing Area
Mailing City New Glarus
C/T/V Village
Unit #
Directions Directly West Of The New Glarus Hotel On 6th Ave.
Real estate for sale Yes
Business for sale No
For lease only No
Ann. Rent/SqFt $0
Total Units/Bldg 3
Building Gross SqFt 1,886
Net Leasable SqFt 1,886
Year Built 999
Source for Year Built Othr
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 Commercial
Est. Total Acres 0.16
Source Of Est Acres PubR
Lot Dimensions 6,970 sq. ft.
Owner
Tradename
Land Assessment $38,900
Assessment Year 2020
Net Taxes $4,419
Tax Year 2020
Improvements $124,400
Total Assessment $163,300
Income/Expenses Year $999
Gross Operating Income $16,800
Annual Operating Exp $0
Net Operating Income $16,800
Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
1 |
Retail |
03/31/2022 |
No |
$460 |
$0 |
$0 |
400 |
2 |
Res. |
M2M |
No |
$420 |
$0 |
$0 |
400 |
3 |
Res. |
M2M |
No |
$520 |
$0 |
$0 |
1,086 |
Items Included 2 Refrigerators, 2 Ranges, A/C Units.
Items Excluded All other sellers personal property on premises.
Heating/Cooling Forced air, Window AC
Water/Waste Municipal sewer, Municipal water
Basement Other foundation, Partial, Walkout/Outside entrance
Fuel Natural gas
Seating Capacity
Type Apartment building, Office, Retail, Service
Exterior Treatment Stucco, Wood
Building Parking 1-5 spaces, Onsite, Paved
Roofing Composition
Terms/Option
Miscellaneous
Documents on File Lease(s)
Location Business district, Near Major Highway
Tenant Pays Air Conditioning, Electric, Heat, Sewer, Snow removal, Water
Present Use Apartment building, Retail, Service
Licenses None
Lease Type Annual, Mixed lease types, Month to month
Occupied by Tenant(s)
Sale Includes Lease(s)
Features Alley, Private Restrooms, Residential unit(s)
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of First Weber Inc