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500 E Hwy 151,  Platteville,  WI  53818 $999,900 Sold
500 E Hwy 151,  Platteville,  WI  53818
$999,900
Sold
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 Property Type Business/Commercial
 Parcel # 271-00377-0040
 County Grant
 Sub Area G38
 Municipality Platteville
 MLS# 1950394
 Listing Date 02/17/2023
 Sold Price $920,000
 Close Date 05/19/2023 12:00 AM

MLS Public Remarks  Excellent Business Opportunity Listed Well Below Assessed Value! Extremely well maintained 11,664 sqft multi use building on 4.5+ acres of land. Offices, Meeting Rooms, Call Center, etc... the B3 Hwy Business District Zoning allows for many opportunities. Major updates in the last 8 years. Current lease in place with more space to rent. Ample Parking with over 100 Park spots. Take the Virtual Tour and then call Your Favorite Realtor For A Private Showing & Detailed Financial Information. Flexible purchase options are a possibility. Buyers to participate in Sellers 1031 Exchange at no cost to them.
Documents and Related Links  
1) Commercial Disclosure
2) Platteville Wisconsin - B3 Zoning
LOCATION  
  • Location  City
  • Other Marketing Area  
  • Mailing City  Platteville
  • C/T/V  City
  • Unit #  
  • Directions  East On Business Hwy 151 From Hwy 80 / Water St Building Approx 0.3 Miles On North Side Of Road. Shared Driveway With Dominos Pizza
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $0
  • Total Units/Bldg  1
  • Building Gross SqFt  11,664
  • Net Leasable SqFt  11,664
  • Year Built  1995
  • Source for Year Built  PubR
  • Approx Bldg Dimen  162x72
  • Street Frontage  190
  • Parking Fees/Mo.  $0
  • Onsite Parking  Yes
  • # of Stories  1
  • Ceiling Height Min  10
  • Ceiling Height Max  10
  • Number of Loading Docks  0
  • Zoning  B3
  • Est. Total Acres  4.56
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $357,000
  • Assessment Year  2022
  • Net Taxes  $22,942
  • Tax Year  2021
  • Improvements  $925,500
  • Total Assessment  $1,282,500
    • 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 call call 0 $0 $0 $0 11,664
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included To Be Negotiated
    Items Excluded  Seller's & Lessee's Personal Property
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Heat pump
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Slab/None
  • Fuel  Electric, Natural gas
  • Seating Capacity  76-100 persons
    • EXTERIOR FEATURES  
  • Type   Automotive, Beauty/barber, Grocery, Motel/Hotel/Bed & Brkfst, Office, Other, Restaurant/Supper Club, Retail, Service, Tavern, Warehouse
  • Exterior Treatment  Steel
  • Building Parking  56 or more spaces, Onsite, Paved
  • Roofing  Metal
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Lease(s)
  • Location  Business district, Free standing, Near Major Highway
  • Tenant Pays  Electric, Sewer, Water
  • Present Use  Office
  • Licenses  None
  • Lease Type  Partial net
  • Occupied by  Owner, Tenant(s)
  • Sale Includes  Easements, Lease(s), Other
  • Features  Private Restrooms



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Wisconsin.properties Realty, Llc