MLS Public Remarks Rare opportunity to acquire a mixed-use property along Monona Drive with off-street parking. The property consist of a commercial unit on the main floor, and two apartments on the second floor, with a shared deck. The commercial unit has two "store fronts", one along Monona Dr. and the other along Gordon Ave.. Residential tenants love their units and are open to staying longer. Roof was replaced in 2020. All four sets of furnaces and A/C units replaced in winter 2020. Building has full sprinkler system. Property is also has the address of 5008 Gordon Ave. (easier to park on Gordon Ave. vs. Monona Dr.). Measurements of rooms and ceiling height are approx. Buyer to verify if important.
Location City
Other Marketing Area
Mailing City Monona
C/T/V City
Unit #
Directions West Side Of Monona Dr. Right Across From Golf Course, Just A Little North Of Nichols Rd/Pflaum Rd. Best To Park In Back Of Building On Gordon Ave.
Number of Units 3
Year Built 1960
# Furnaces 4
Heating Type ForcAir
Heating Fuel Nat Gas
# Water Heaters 3
# Water Softeners 1
# Stoves 2
# Refrigerators 2
# Dish Washers 2
# Washers 2
# Dryers 2
# Units w/AC 3
Number of Efficiencies 0
Number of 1 Bedrooms 0
Number of 2 Bedrooms 0
Number of 3+ Bedrooms 2
Total Income 0
Total Expenses 0
Net Operating Inc 0
Year
School District Monona Grove
High School Monona Grove
Middle Glacial Dr
Elementary Winnequah
Land Assessment $56,900
Improvements $318,400
Total Assessment $375,300
Net Taxes $7,526
Assessment Year 2021
Tax Year 2021
Owner
Zoning Retail Bus
Subdivision
Name of Lake/River
Est. Total Acres 0.17
Source for Est. Total Acres PubR
Unit 1
Unit 2 Air conditioning, Balcony/patio, Eat-in kitchen, Family/Rec. room, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer
Unit 3 Air conditioning, Balcony/patio, Eat-in kitchen, Family/Rec. room, In-unit laundry, Individual heat control, Range/oven, Refrigerator, Washer/dryer
Unit 4
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Landlord Pays |
Unit |
Bedrooms |
Full Baths |
Half Baths |
Lease Expiration Date |
Month Rent |
Fin Sq.Ft |
Parking |
Elec |
Heat |
W/S |
1 |
0 |
0 |
3 |
7/31/23 |
$4000 |
3,600 |
1 Space |
No |
No |
No |
2 |
3 |
1 |
0 |
7/31/23 |
$1250 |
1,200 |
2 Space |
No |
No |
Yes |
3 |
3 |
2 |
0 |
7/13/23 |
$1500 |
1,800 |
2 Space |
No |
No |
Yes |
4 |
0 |
0 |
0 |
- |
$0 |
0 |
- |
- |
- |
- |
Items Included 2x Stoves, 2x Refrigerators, 2x Washer/Dryer Sets
Items Excluded Tenants' personal property
Energy Efficient/Green Features
Water/Waste Municipal sewer, Municipal water
Basement None
Type Other
Parking per Unit Outside
Barrier-free Features
Exterior Stucco
Waterfront
Terms
Utilities Sep elec meters each unit, Sep gas meters each unit
Legal Documents Joint driveway agreement
Miscellaneous
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Plato Commercial Real Estate, Llc