MLS Public Remarks Nice Commercial space on a main thorough fare in Mineral Point. Large building, built in 1970 (Wick) approx. 2880 sq.ft., includes an office area, bathroom, older car wash area with dual bays, large shop area with drain and garage doors and room to work on cars/trucks/buses. It has city sewer & water, & natural gas. Building does need work, but is very functional as is. Roof is older. There is a 594 sq.ft. shed behind the main building. Lots of convenient parking. Plenty of room for storage and school bus parking. Tenants pay all utilities, Seller pays taxes and insurance on the building. (Insurance, per seller-$800/year). Lease is written as a 5 year renewable with 2% yearly escalation clause. 2.5 years left on it currently.
Location City
Other Marketing Area
Mailing City Mineral Point
C/T/V City
Unit #
Directions Hwy 151 West To Mineral Point Exit #40, Continue On 151 Until It Turns South. Then Go Straight And That Is Dodge Street.
Real estate for sale Yes
Business for sale No
For lease only No
Ann. Rent/SqFt $0
Total Units/Bldg 1
Building Gross SqFt 2,880
Net Leasable SqFt 2,880
Year Built 1970
Source for Year Built PubR
Approx Bldg Dimen 1x1
Street Frontage 150
Parking Fees/Mo. $0
Onsite Parking yes
# of Stories 1
Ceiling Height Min 13
Ceiling Height Max 15
Number of Loading Docks 0
Zoning Commercial
Est. Total Acres 0.63
Source Of Est Acres Plat
Lot Dimensions Irr
Owner
Tradename First Student , Inc
Land Assessment $57,700
Assessment Year 2020
Net Taxes $3,634
Tax Year 2020
Improvements $85,200
Total Assessment $142,900
Income/Expenses Year $20,012
Gross Operating Income $20,012
Annual Operating Exp $4,434
Net Operating Income $15,578
| Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
| 1 |
Renewable |
00/00/0000 |
Yes |
$20,012 |
$0 |
$0 |
2,880 |
| 2 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
| 3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included Older car wash equipment (hasn't been used in many years, no guarantees); Air Compressor System.
Items Excluded Tenants personal properties/Items and office furniture and chairs. Oil tank in shop for the buses.
Heating/Cooling Forced air, Wall AC
Water/Waste Municipal sewer, Municipal water
Basement Slab/None
Fuel Natural gas
Seating Capacity 1-10 persons
Type Automotive, Office, Service
Exterior Treatment Brick, Steel Frame, Wood
Building Parking 11-20 spaces, Gravel, Onsite, Paved
Roofing Metal
Terms/Option
Miscellaneous
Documents on File Property Condition Report
Location Near Major Highway
Tenant Pays Electric, Heat, Sewer, Water
Present Use Automotive, Office, Service
Licenses None
Lease Type Escalators, Multiple years, Partial net, Renewal options
Occupied by Tenant(s)
Sale Includes N/A
Features Overhead doors, Reception area, Shared Restrooms, Truck dr(s) 15ft or lower
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of First Weber Inc
