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302 E Madison St,  Waterloo,  WI  53594 $249,000 Expired
302 E Madison St,  Waterloo,  WI  53594
$249,000
Expired
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 Property Type Business/Commercial
 Parcel # 290-0813-0822-015
 County Jefferson
 Sub Area K22
 Municipality Waterloo
 MLS# 1921609
 Listing Date 10/08/2021

MLS Public Remarks  Great visibility with the traffic count for office signage on E. Madison St! This mix use building would be the perfect spot for your business or to lease out! Multiple office spaces, shared kitchenette, mechanical room, storage room along with 2 restrooms on the main floor. Long term residential tenant in the upstairs apartment. The upper units house two 1-bedroom, 1-bathroom apartments. Security locked, private entry and private balcony's. The residential tenants have access to shared main floor laundry with a new washer and dryer. Each apartment is separately metered for gas and electric, separate furnace and electrical panel.
Documents and Related Links  
1) Property condition report
2) Bill Of Sale
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Waterloo
  • C/T/V  City
  • Unit #  
  • Directions  East On Hwy 19/Madison Street
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $9
  • Total Units/Bldg  3
  • Building Gross SqFt  3,484
  • Net Leasable SqFt  3,200
  • Year Built  1996
  • Source for Year Built  PubR
  • Approx Bldg Dimen  45x38
  • Street Frontage  68
  • Parking Fees/Mo.  $0
  • Onsite Parking  5
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  9
  • Number of Loading Docks  0
  • Zoning  C-1
  • Est. Total Acres  0.1
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $13,500
  • Assessment Year  2021
  • Net Taxes  $4,652
  • Tax Year  2021
  • Improvements  $227,000
  • Total Assessment  $240,500
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,021
  • Gross Operating Income  $12,650
  • Annual Operating Exp  $0
  • Net Operating Income  $12,650
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 gross 4/30/2023 No $6,900 $9 $0 750
    2 gross 2/28/2023 No $7,980 $11 $0 750
    3 vacant 0 0 $0 $0 $0 1,700
    Items Included 2 - stoves 2- refrigerators, Office area: 1 mini refrigerator, microwave, 1 water softener. Wood shelves in storage room, RO System in office area. 2 dishwashers
    Items Excluded  Sellers and tenants personal property
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Slab/None
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Apartment building, Office
  • Exterior Treatment  Brick, Vinyl, Wood
  • Building Parking  1-5 spaces
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  Internet - Cable
    • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Free standing, Residential area
  • Tenant Pays  Electric, Heat
  • Present Use  Apartment building, Office
  • Licenses  None
  • Lease Type  Month to month
  • Occupied by  Owner, Tenant(s), Vacant
  • Sale Includes  N/A
  • Features  Private office(s), Residential unit(s), Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Century 21 Affiliated