Contact Bunbury at 1-877-233-7356 or
[email protected] for more information about this property.

205 Division Street,  Mauston,  WI  53948 $386,886 Active
205 Division Street,  Mauston,  WI  53948
$386,886
Active
More Photos
 Property Type Business/Commercial
 Parcel # 292511350.2 and 292
 County Juneau
 Sub Area L16
 Municipality Mauston
 MLS# 1948540
 Listing Date 01/08/2023

MLS Public Remarks  An amazing investment opportunity! Professional commercial building in Mauston. Same owners for over 25 years. Two long term leases provide an excellent revenue stream. Building is in excellent overall condition. Approx 4000 sq ft, 2000 per lease, a full basement for additional storage, ample parking, and also an excellent location! Bonus - brand new roof with transferable warranty in 2023 and new HVAC (dental side) also in 2023!
Documents and Related Links  
1) Aerial
2) Condition Report
* 1 Documents Not Available via MLS
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Mauston
  • C/T/V  City
  • Unit #  
  • Directions  State St., To Division St South, To Property On The Right (before The Railroad Tracks)
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $19
  • Total Units/Bldg  2
  • Building Gross SqFt  4,000
  • Net Leasable SqFt  4,000
  • Year Built  1978
  • Source for Year Built  Slr
  • Approx Bldg Dimen  50x80
  • Street Frontage  642
  • Parking Fees/Mo.  $0
  • Onsite Parking  Yes
  • # of Stories  1
  • Ceiling Height Min  8
  • Ceiling Height Max  8
  • Number of Loading Docks  0
  • Zoning  Comm
  • Est. Total Acres  0.9
  • Source Of Est Acres  PubR
  • Lot Dimensions  Irregular
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $26,800
  • Assessment Year  2022
  • Net Taxes  $7,681
  • Tax Year  2022
  • Improvements  $321,700
  • Total Assessment  $348,500
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $2,022
  • Gross Operating Income  $73,800
  • Annual Operating Exp  $32,000
  • Net Operating Income  $41,800
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Dental 11/2026 Yes $3,150 $19 $0 2,000
    2 Optom 1/2025 No $3,000 $18 $0 2,000
    3 - 0 0 $0 $0 $0 0
    Items Included All Real Estate, Heating/Cooling Systems, Standard Ceiling/Bath Fans and Fixtures, Cabinetry (built-ins), Some Furniture
    Items Excluded  Specific to Leases, Equipment, Special Lighting and Fixtures
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Block foundation, Full
  • Fuel  Natural gas
  • Seating Capacity  11-20 persons
    • EXTERIOR FEATURES  
  • Type   Other
  • Exterior Treatment  Brick
  • Building Parking  21-35 spaces, Paved
  • Roofing  Rubber/membrane
  • Terms/Option  
  • Miscellaneous  Internet - Cable, Internet - DSL, Internet - Fixed Wireless, Internet- Fiber available
    • OTHER FEATURES  
  • Documents on File  P & L statement, Property Condition Report
  • Location  Free standing
  • Tenant Pays  Janitorial
  • Present Use  Office
  • Licenses  None
  • Lease Type  Annual, Multiple years, Renewal options
  • Occupied by  Tenant(s)
  • Sale Includes  Furniture, Lease(s), Other
  • Features  Private Restrooms



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Castle Rock Realty Llc