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 Team Bunbury
Mobile: (608) 354-2551
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183-187 W Main St,  Stoughton,  WI  53589 $269,000 Sold
183-187 W Main St,  Stoughton,  WI  53589
$269,000
Sold
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 Property Type Business/Commercial
 Parcel # 0511-082-1656-5
 County Dane
 Sub Area D44
 Municipality Stoughton
 MLS# 1936468
 Listing Date 06/08/2022
 Sold Price $260,000
 Close Date 09/02/2022 12:00 AM

MLS Public Remarks  This is the investment opportunity you have been looking for! With a superb location in the middle of Stoughton's historic downtown shopping district, this mixed-use building features 1,743 of retail space on the first floor and a spacious 2BR apartment on the second floor. This building is perfect for an owner-occupant business or for an investor looking to cash flow both units. Close to all the main street attractions, including several restaurants and the Stoughton Opera House. Public parking is conveniently located behind the building. Listing agent is related to seller.
Documents and Related Links  
1) Sale Brochure
2) Seller Disclosure Report
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Stoughton
  • C/T/V  City
  • Unit #  
  • Directions  On Main St Just East Of The River.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $8
  • Total Units/Bldg  2
  • Building Gross SqFt  2,934
  • Net Leasable SqFt  2,934
  • Year Built  999
  • Source for Year Built  Othr
  • Approx Bldg Dimen  22x86
  • Street Frontage  22
  • Parking Fees/Mo.  $0
  • Onsite Parking  Yes
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  12
  • Number of Loading Docks  0
  • Zoning  CB
  • Est. Total Acres  0.07
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $19,500
  • Assessment Year  2022
  • Net Taxes  $2,831
  • Tax Year  2021
  • Improvements  $172,800
  • Total Assessment  $192,300
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,022
  • Gross Operating Income  $28,740
  • Annual Operating Exp  $0
  • Net Operating Income  $0
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 MG 8/31/2022 No $14,400 $8 $0 1,743
    2 Res 09/14/2022 No $14,340 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full
  • Fuel  Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Apartment building, Retail
  • Exterior Treatment  Brick
  • Building Parking  1-5 spaces
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s)
  • Location  Business district
  • Tenant Pays  Electric, Heat
  • Present Use  Apartment building, Retail
  • Licenses  
  • Lease Type  Annual, Gross
  • Occupied by  Tenant(s)
  • Sale Includes  Lease(s)
  • Features  



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Acres Realty