MLS Public Remarks Two buildings in the heart of Okauchee (Town of Oconomowoc) on a corner lot across the street from fire department. Near a park, school, churches, restaurants and public lake access. *Property includes a large building containing one office space, one retail space and two apartments for a total of approximately 3,850 sq.ft. with an unfinished basement of 2,115 sq. ft. and a detached two car garage. Each of the four spaces have their own private entrances. *The property also includes the Okauchee Post Office totaling 1,500 sq. ft. There is a 5 year lease for the post office. *Several recent updates/repairs made. Excellent earning potential!
Location Town
Other Marketing Area
Mailing City Oconomowoc
C/T/V Town
Unit #
Directions At The Traffic Circle On West Lake Drive Go West On E Wisconsin Ave. Property On Left. 2 Buildings. (okauchee Is Village Name)
Real estate for sale Yes
Business for sale No
For lease only No
Ann. Rent/SqFt $9
Total Units/Bldg 2
Building Gross SqFt 1,500
Net Leasable SqFt 1,500
Year Built 1960
Source for Year Built Slr
Approx Bldg Dimen 30 x 50
Street Frontage 147
Parking Fees/Mo. $0
Onsite Parking 16
# of Stories 1
Ceiling Height Min 12
Ceiling Height Max 14
Number of Loading Docks 1
Zoning com
Est. Total Acres 0.43
Source Of Est Acres PubR
Lot Dimensions 147.68
Owner
Tradename
Land Assessment $79,800
Assessment Year 2021
Net Taxes $8,152
Tax Year 2021
Improvements $243,200
Total Assessment $323,000
Income/Expenses Year $0
Gross Operating Income $0
Annual Operating Exp $0
Net Operating Income $0
| Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
| 1 |
5 year |
04/30/2026 |
Yes |
$13,765 |
$9 |
$0 |
1,500 |
| 2 |
Comm/Res 4 |
0 |
Yes |
$28,200 |
$0 |
$0 |
3,850 |
| 3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included Upper and lower unit stoves, refrigerators. Basement stove.
Items Excluded Water softener rented.
Heating/Cooling Central air, Forced air, Radiant
Water/Waste Joint well, Municipal sewer
Basement Block foundation, Full, Poured concrete foundatn, Walkout/Outside entrance
Fuel Natural gas
Seating Capacity
Type Apartment building, Office, Retail, Service
Exterior Treatment Block, Brick, Steel, Stucco
Building Parking 11-20 spaces, Gravel, Onsite, Paved
Roofing Composition, Partially flat, Rubber/membrane
Terms/Option
Miscellaneous
Documents on File
Location Business district, Corner, Free standing, Near Major Highway
Tenant Pays Electric, Sewer
Present Use Apartment building, Office, Retail
Licenses
Lease Type Month to month, Multiple years
Occupied by Tenant(s)
Sale Includes N/A
Features Display window, Inside storage, Outside storage, Private Restrooms, Residential unit(s)
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Clark'S Realty Llc
