Presented by...
Carolyn Doering
Mobile: (608) 284-0277
Work: (608) 441-7777
[email protected]

332 S Black River St,  Sparta,  WI  54656 $300,000 Sold
332 S Black River St,  Sparta,  WI  54656
$300,000
Sold
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 Property Type Business/Commercial
 Parcel # 281020135002
 County Monroe
 Sub Area U23
 Municipality Sparta
 MLS# 1927764
 Listing Date 02/16/2022
 Sold Price $272,000
 Close Date 10/13/2022 12:00 AM

MLS Public Remarks  Over 4,800 square foot building in a great location just off of the interstate! This property is on a half-acre with 2 great rental incomes. There are 12 storage units located behind the main building with great access and various sizes. The current tenant has been renting the building since 1990 and has a 5-year lease with options. The main building has store front glass windows, restroom, office area, reception area and storage area in building. Please give me a call today to learn more.
Documents and Related Links  
1) Commercial Disclosure
2) Copy of Lease on Main Building
3) Notice Waiving First Right of Refusal
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Sparta
  • C/T/V  City
  • Unit #  
  • Directions  From Hwy 27 North To Sparta, Turns Into Black River Street, Property On Left.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $4,800
  • Total Units/Bldg  2
  • Building Gross SqFt  4,800
  • Net Leasable SqFt  4,800
  • Year Built  1980
  • Source for Year Built  PubR
  • Approx Bldg Dimen  100x48
  • Street Frontage  100
  • Parking Fees/Mo.  $0
  • Onsite Parking  20
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  18
  • Number of Loading Docks  2
  • Zoning  Business
  • Est. Total Acres  0.55
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $85,100
  • Assessment Year  2020
  • Net Taxes  $4,912
  • Tax Year  2021
  • Improvements  $177,300
  • Total Assessment  $262,400
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,021
  • Gross Operating Income  $20,268
  • Annual Operating Exp  $4,912
  • Net Operating Income  $15,356
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Commerical 5 year w/ Yes $1,689 $4,800 $0 4,800
    2 Storage varied No $45 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Some shelving and front counter
    Items Excluded  Leasee property
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Wall AC
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  31-50 persons
    • EXTERIOR FEATURES  
  • Type   Office, Retail, Self storage
  • Exterior Treatment  Brick, Steel
  • Building Parking  11-20 spaces, Paved
  • Roofing  Metal
  • Terms/Option  
  • Miscellaneous  Internet - Cable
    • OTHER FEATURES  
  • Documents on File  Property Condition Report
  • Location  Business district, Near Major Highway
  • Tenant Pays  Air Conditioning, Electric, Heat, Insurance, Janitorial, Sewer, Snow removal, Trash Services, Water
  • Present Use  Retail, Self storage
  • Licenses  None
  • Lease Type  Multiple years
  • Occupied by  Tenant(s)
  • Sale Includes  Lease(s)
  • Features  Display window, Loading dock(s), Outside storage, Overhead doors, Shared Restrooms



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Century 21 Affiliated