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 Property Type Business/Commercial
 Parcel # 161-0045.0000
 County Green
 Sub Area H20
 Municipality New Glarus
 MLS# 1919926
 Listing Date 09/16/2021
 Sold Price $227,000
 Close Date 11/08/2021 12:00 AM

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.
Documents and Related Links  
1) ADD S
* 1 Documents Not Available via MLS
LOCATION  
  • 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.
  • 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  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  
  • ASSESSMENT & TAXES  
  • Land Assessment  $38,900
  • Assessment Year  2020
  • Net Taxes  $4,419
  • Tax Year  2020
  • Improvements  $124,400
  • Total Assessment  $163,300
  • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $999
  • Gross Operating Income  $16,800
  • Annual Operating Exp  $0
  • Net Operating Income  $16,800
  • UNIT INFORMATION  
    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.
    INTERIOR FEATURES  
  • Heating/Cooling  Forced air, Window AC
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Other foundation, Partial, Walkout/Outside entrance
  • Fuel  Natural gas
  • Seating Capacity  
  • EXTERIOR FEATURES  
  • Type   Apartment building, Office, Retail, Service
  • Exterior Treatment  Stucco, Wood
  • Building Parking  1-5 spaces, Onsite, Paved
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  
  • OTHER FEATURES  
  • 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