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2320 Jackson Street,  Stoughton,  WI  53589 $1,225,000 Expired
2320 Jackson Street,  Stoughton,  WI  53589
$1,225,000
Expired
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 Property Type Business/Commercial
 Parcel # 0511-063-2823-2
 County Dane
 Sub Area D44
 Municipality Stoughton
 MLS# 1944432
 Listing Date 09/26/2022

MLS Public Remarks  Unique opportunity to purchase 7 commercial condos lumped into one unit totaling 10,500 square ft. This building is positioned just off a stoplight-controlled intersection of Highway 51 and Jackson St, and the site offers excellent access to Stoughton's consumer hotspots. This prime location is just minutes away from I90/I94 with great connectivity to downtown Madison, Sun Prairie, and Highway 51 adding even more connectivity to other Dane County locations. The site also enjoys close proximity to multiple inns, restaurants, shopping, schools, and much more.
Documents and Related Links  
1) Offer Memorandum
2) Earnest Money Instructions
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Stoughton
  • C/T/V  City
  • Unit #  
  • Directions  South On Hwy 51, Left Onto Jackson St
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $6
  • Total Units/Bldg  7
  • Building Gross SqFt  10,500
  • Net Leasable SqFt  10,500
  • Year Built  2003
  • Source for Year Built  PubR
  • Approx Bldg Dimen  175x80
  • Street Frontage  175
  • Parking Fees/Mo.  $0
  • Onsite Parking  40+
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  12
  • Number of Loading Docks  0
  • Zoning  G2, CO
  • Est. Total Acres  0.0
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $70,000
  • Assessment Year  2022
  • Net Taxes  $8,924
  • Tax Year  2021
  • Improvements  $419,000
  • Total Assessment  $489,000
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,022
  • Gross Operating Income  $0
  • 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 Modified 12/31/2023 Yes $66,000 $6 $0 10,500
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded  Work and Storage Units in the Costume Shop
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  
  • Fuel  Natural gas
  • Seating Capacity  Over 100 persons
    • EXTERIOR FEATURES  
  • Type   Beauty/barber, Office, Recreation, Restaurant/Supper Club, Retail, Service, Shopping center/StripMall, Tavern
  • Exterior Treatment  Block, Stone, Vinyl
  • Building Parking  36-55 spaces, Onsite, Paved
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Blue prints, Lease(s), Property Condition Report
  • Location  Business district, Near Major Highway, Residential area, Shopping center
  • Tenant Pays  Air Conditioning, Electric, Heat, Insurance, Water
  • Present Use  Recreation
  • Licenses  
  • Lease Type  Partial net
  • Occupied by  Tenant(s)
  • Sale Includes  Lease(s)
  • Features  Inside storage, Less than 440 volt, Private Restrooms



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Exp Realty, Llc