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107 Jefferson St,  Cambridge,  WI  53523 $225,000 Expired
107 Jefferson St,  Cambridge,  WI  53523
$225,000
Expired
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 Property Type Business/Commercial
 Parcel # 0612-014-4015-2
 County Dane
 Sub Area D12
 Municipality Cambridge
 MLS# 1944623
 Listing Date 10/03/2022

MLS Public Remarks  This retail/office space is in a prime location on the west side of Cambridge, WI. With terrific visibility and easy access, this is an ideal property for lessees. The 1600/SqFt is currently evenly split into two units, both of which are currently leased. There may be some flexibility on terminating one of the leases if absolutely necessary. There is also a full basement below that is an incredible storage space, which is currently unused. This is a terrific opportunity to own prime real estate with positive cash flow from day one! Only the building is for sale, not the businesses within.
Documents and Related Links  
1) Addendum EM
2) Confidentiality Agreement
LOCATION  
  • Location  Village
  • Other Marketing Area  K02
  • Mailing City  Cambridge
  • C/T/V  Village
  • Unit #  
  • Directions  Hwy 18 In Plaza Across From Piggly Wiggly.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $1
  • Total Units/Bldg  2
  • Building Gross SqFt  1,600
  • Net Leasable SqFt  1,600
  • Year Built  1994
  • Source for Year Built  PubR
  • Approx Bldg Dimen  40x40
  • Street Frontage  40
  • Parking Fees/Mo.  $0
  • Onsite Parking  8
  • # of Stories  1
  • Ceiling Height Min  7
  • Ceiling Height Max  10
  • Number of Loading Docks  0
  • Zoning  Commercial
  • Est. Total Acres  0.27
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $28,800
  • Assessment Year  2021
  • Net Taxes  $3,986
  • Tax Year  2021
  • Improvements  $151,200
  • Total Assessment  $180,000
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • 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 9/30/2023 Yes $9,600 $1 $0 800
    2 Modified 9/30/2023 Yes $9,600 $1 $0 800
    3 Modified VAC 0 $7,200 $0 $0 0
    Items Included 
    Items Excluded  Seller and Tenant personal and business items (Business assets could be included at a higher price)
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Full, Poured concrete foundatn
  • Fuel  Electric, Natural gas
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Beauty/barber, Industrial, Office, Retail, Service, Shopping center/StripMall, Warehouse
  • Exterior Treatment  Wood
  • Building Parking  6-10 spaces, Onsite, Paved, Shared
  • Roofing  Composition
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  
  • Location  Business district, Near Major Highway, Shopping center
  • Tenant Pays  Air Conditioning, Electric, Heat
  • Present Use  Beauty/barber shop, Office, Retail, Service
  • Licenses  None
  • Lease Type  Annual
  • Occupied by  Owner, Tenant(s)
  • Sale Includes  N/A
  • Features  Display window, Private Restrooms, Reception area, Signage available



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Exp Realty, Llc