MLS Public Remarks Great investment here. Solid tenant since 2006 and the tenant says they definitely wish to stay. They consider the property to be ideal for how it is being used. This property has been owned by the sellers for 59 years. They have taken excellent care of the property which is evident by the condition. In the last 3 to 4 years, the owners replaced the roof and furnace and air conditioning units. The tenants signed the original three year lease in 2006. It automatically renews every three years and the lease amount is increased each year using the COLA formula. Property is located in the beautiful and historic Baraboo downtown just off the square. Business is good in downtown Baraboo and this property is located near the heart of the city. Full dry basement is yet another plus.
| * 1 Documents Not Available via MLS |
Location City
Other Marketing Area
Mailing City Baraboo
C/T/V City
Unit #
Directions Hwy 33 East Thru Baraboo To Oak Street. Turn Left On Oak To 4th Street, Turn Left To Property On The Left.
Real estate for sale Yes
Business for sale No
For lease only No
Ann. Rent/SqFt $9
Total Units/Bldg 1
Building Gross SqFt 5,245
Net Leasable SqFt 5,245
Year Built 1886
Source for Year Built PubR
Approx Bldg Dimen irreg
Street Frontage 44
Parking Fees/Mo. $0
Onsite Parking 1-5
# of Stories 2
Ceiling Height Min 8
Ceiling Height Max 10
Number of Loading Docks 0
Zoning comm/B-1
Est. Total Acres 0.08
Source Of Est Acres PubR
Lot Dimensions irreg
Owner
Tradename
Land Assessment $40,400
Assessment Year 2021
Net Taxes $5,879
Tax Year 2021
Improvements $226,100
Total Assessment $266,500
Income/Expenses Year $2,021
Gross Operating Income $45,580
Annual Operating Exp $7,580
Net Operating Income $38,000
| Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
| 1 |
gross |
02/01/2024 |
Yes |
$45,580 |
$9 |
$0 |
5,245 |
| 2 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
| 3 |
- |
0 |
0 |
$0 |
$0 |
$0 |
0 |
Items Included
Items Excluded Business property of the tenant.
Heating/Cooling Central air, Forced air, Window AC
Water/Waste Municipal sewer, Municipal water
Basement Full, Other foundation
Fuel Natural gas
Seating Capacity
Type Apartment building, Office, Retail, Service
Exterior Treatment Brick, Stone
Building Parking 1-5 spaces, Onsite
Roofing All flat, Rubber/membrane
Terms/Option
Miscellaneous
Documents on File Lease(s), Property Condition Report
Location Business district
Tenant Pays Air Conditioning, Electric, Heat, Insurance, Janitorial, Sewer, Snow removal, Trash Services, Water
Present Use Apartment building, Service
Licenses None
Lease Type Gross, Renewal options
Occupied by Tenant(s)
Sale Includes Lease(s)
Features Alley, Display window, Private Restrooms, Private office(s), Reception area, Signage available
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of First Weber Inc
