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730 Jefferson Street,  Lake Mills,  WI  53551 $499,900 Sold
730 Jefferson Street,  Lake Mills,  WI  53551
$499,900
Sold
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 Property Type Business/Commercial
 Parcel # 246-0713-1313-018
 County Jefferson
 Sub Area K13
 Municipality Lake Mills
 MLS# 1934423
 Listing Date 05/17/2022
 Sold Price $500,000
 Close Date 12/22/2023 12:00 AM

MLS Public Remarks  This 4.44 acres of land in the Business District of Lake Mills is a great opportunity for the savvy investor! At this time, this is the only large lot in the Business District available in the City of Lake Mills. Large space to develop your business, start up a new business, or continue on with the Storage Unit facility that is currently on the property. There are a total of 17 units in the building. As we all know, there's a shortage of storage units in our area, and all over WI. Act now as land/business opportunities in Lake Mills don't come along often and this is a GEM!
Documents and Related Links  
1) Condition Report
2) Plat Map
3) CSM
4) CSM
5) Amendment to Condition Report
* 1 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Lake Mills
  • C/T/V  City
  • Unit #  
  • Directions  I-94 To Hwy 89 S, L On E Lake St, R On S Cp Ave, R On Jefferson St. At Corner Of Cp & Jefferson.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  Yes
  • For lease only  No
  • Ann. Rent/SqFt  $5
  • Total Units/Bldg  19
  • Building Gross SqFt  3,200
  • Net Leasable SqFt  0
  • Year Built  1980
  • Source for Year Built  PubR
  • Approx Bldg Dimen  80x40
  • Street Frontage  1158
  • Parking Fees/Mo.  $0
  • Onsite Parking  0
  • # of Stories  1
  • Ceiling Height Min  9
  • Ceiling Height Max  10
  • Number of Loading Docks  0
  • Zoning  Comm
  • Est. Total Acres  4.44
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $58,000
  • Assessment Year  2021
  • Net Taxes  $2,274
  • Tax Year  2021
  • Improvements  $53,100
  • Total Assessment  $111,100
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,500
  • Gross Operating Income  $15,180
  • Annual Operating Exp  $3,900
  • Net Operating Income  $11,280
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 0 0 0 $15,180 $5 $0 3,200
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included Building with no contents. CURRENTLY STORAGE FACILITY
    Items Excluded  Sellers's & renters/tenants personal property.
    INTERIOR FEATURES  
  • Heating/Cooling  No Heat
  • Water/Waste  No sewer, No water
  • Basement  Slab/None
  • Fuel  N/A
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Other, Self storage, Vacant land
  • Exterior Treatment  Steel
  • Building Parking  Gravel
  • Roofing  Metal, N/A
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s), Property Condition Report
  • Location  Corner, Free standing, Industrial park, Residential area
  • Tenant Pays  No expenses
  • Present Use  Self storage, Vacant land
  • Licenses  None
  • Lease Type  Annual, Month to month, Renewal options
  • Occupied by  Tenant(s)
  • Sale Includes  Lease(s)
  • Features  Inside storage



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Re/Max Community Realty