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N433 County Road A,  Briggsville,  WI  53920 $429,000 Sold
N433 County Road A,  Briggsville,  WI  53920
$429,000
Sold
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 Property Type Business/Commercial
 Parcel # 006-00044-0000
 County Marquette
 Sub Area N03
 Municipality Douglas
 MLS# 1961264
 Listing Date 08/02/2023
 Sold Price $355,000
 Close Date 12/18/2023 12:00 AM

MLS Public Remarks  It's back, but BETTER THAN EVER! What a unique property with 4 potential income-producing units! The commercial building consists of 3 units: a rented 2 bedroom, 2 bath apartment, a rented Post Office, and a currently vacant 31'x55' upstairs unit! LOTS of history and LOTS of potential! The property also has a separate 2 bedroom, 1 bath cabin with direct frontage on Lake Mason. The cabin is currently approved for short-term rentals, thus unlimited income potential! Please read the additional information document for further information - this is a one of a kind property!
Documents and Related Links  
1) House Condition Report
2) Property Description
3) Commercial Building Condition Report
* 2 Documents Not Available via MLS
LOCATION  
  • Location  Town
  • Other Marketing Area  
  • Mailing City  Briggsville
  • C/T/V  Town
  • Unit #  
  • Directions  Follow Wi 23 E, Left On County Rd A, Property On Left (across From Fire Station)
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $12
  • Total Units/Bldg  3
  • Building Gross SqFt  2,800
  • Net Leasable SqFt  2,800
  • Year Built  1915
  • Source for Year Built  Othr
  • Approx Bldg Dimen  31x55
  • Street Frontage  66
  • Parking Fees/Mo.  $0
  • Onsite Parking  5
  • # of Stories  2
  • Ceiling Height Min  8
  • Ceiling Height Max  12
  • Number of Loading Docks  0
  • Zoning  Commercial
  • Est. Total Acres  0.31
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $137,000
  • Assessment Year  2022
  • Net Taxes  $3,597
  • Tax Year  2022
  • Improvements  $98,000
  • Total Assessment  $235,000
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $20,700
  • 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 Gross 3/31/2028 Yes $8,500 $12 $0 700
    2 Gross 07/31/2024 Yes $9,000 $13 $0 700
    3 - 0 0 $0 $0 $0 0
    Items Included All apartment and cabin appliances, some furnishings in cabin
    Items Excluded  Seller and tenant personal property
    INTERIOR FEATURES  
  • Heating/Cooling  Forced air, Radiant, Wall AC, Window AC
  • Water/Waste  Joint well, Non-Municipal/Prvt dispos
  • Basement  Other foundation, Partial
  • Fuel  Liquid propane
  • Seating Capacity  
    • EXTERIOR FEATURES  
  • Type   Apartment building, Motel/Hotel/Bed & Brkfst, Recreation, Service
  • Exterior Treatment  Block, Brick
  • Building Parking  1-5 spaces, Gravel, Onsite, Paved, Shared
  • Roofing  Metal, Partially flat, Rubber/membrane
  • Terms/Option  
  • Miscellaneous  Waterfront
    • OTHER FEATURES  
  • Documents on File  Lease(s), Property Condition Report
  • Location  Business district, Free standing, Near Major Highway, Residential area
  • Tenant Pays  Air Conditioning, Electric, Heat
  • Present Use  Apartment building, Living quarters, Motel/Hotel/Bed & Brkfst, Retail, Service
  • Licenses  
  • Lease Type  Gross, Multiple years
  • Occupied by  Tenant(s), Vacant
  • Sale Includes  Furniture, Lease(s)
  • Features  Inside storage, Private Restrooms, Residential unit(s)



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Century 21 Affiliated