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JoAnna Benitez
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106 Commerce Street,  Barneveld,  WI  53507 $3,250,000 Active
106 Commerce Street,  Barneveld,  WI  53507
$3,250,000
Active
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 Property Type Business/Commercial
 Parcel # 106-0378
 County Iowa
 Sub Area J04
 Municipality Barneveld
 MLS# 1970021
 Listing Date 01/23/2024

MLS Public Remarks  Welcome to 106 Commerce St., a prime commercial property ideally situated along a major highway, ensuring seamless accessibility. This versatile Office Warehouse Storage building encompasses a substantial 40,780 sq ft, offering a harmonious blend of warehouse and office spaces. The property features an expansive parking area, catering to both visitors and employees. Situated on a spacious 3.17-acre lot, it not only accommodates your current business needs but also provides room for future expansion, making it a savvy, long-term investment. Crafted with durability in mind, the building boasts a pre-engineered steel frame construction with ceiling heights ranging from 28 ft to 36 ft, ensuring longevity and value retention. Enhancing its allure further is the attractive 8% cap rate.
Documents and Related Links  
1) CSm
2) Aerial
3) Aerial 2
* 1 Documents Not Available via MLS
LOCATION  
  • Location  Village
  • Other Marketing Area  
  • Mailing City  Barneveld
  • C/T/V  Village
  • Unit #  
  • Directions  Hwy 151 Into Barneveld Take Exit To Cty Rd T To Right On Commerce St To Property On The Right.
    • BUILDING DESCRIPTION  
  • Real estate for sale  Yes
  • Business for sale  No
  • For lease only  No
  • Ann. Rent/SqFt  $8
  • Total Units/Bldg  1
  • Building Gross SqFt  41,780
  • Net Leasable SqFt  41,780
  • Year Built  1993
  • Source for Year Built  Appr
  • Approx Bldg Dimen  216x184
  • Street Frontage  550
  • Parking Fees/Mo.  $0
  • Onsite Parking  60
  • # of Stories  2
  • Ceiling Height Min  28
  • Ceiling Height Max  36
  • Number of Loading Docks  2
  • Zoning  comm
  • Est. Total Acres  3.17
  • Source Of Est Acres  PubR
  • Lot Dimensions  
  • Owner  
  • Tradename  
    • ASSESSMENT & TAXES  
  • Land Assessment  $105,800
  • Assessment Year  2022
  • Net Taxes  $44,832
  • Tax Year  2022
  • Improvements  $1,532,800
  • Total Assessment  $1,638,600
    • ANNUAL INCOME/EXPENSES  
  • Income/Expenses Year  $0
  • Gross Operating Income  $345,552
  • Annual Operating Exp  $54,180
  • Net Operating Income  $291,372
    • UNIT INFORMATION  
    Unit Lease Type Lease Exp. Date Renewal Option Base Annual Rent Annual Rent/SqFt Other Fees/SqFt Gross SqFt
    1 Gross 12/31/2027 Yes $344,300 $8 $0 41,780
    2 - 0 0 $0 $0 $0 0
    3 - 0 0 $0 $0 $0 0
    Items Included 
    Items Excluded 
    INTERIOR FEATURES  
  • Heating/Cooling  Central air, Forced air, Wall Furnace
  • Water/Waste  Municipal sewer, Municipal water
  • Basement  Poured concrete foundatn, Slab/None
  • Fuel  Natural gas
  • Seating Capacity  Over 100 persons
    • EXTERIOR FEATURES  
  • Type   Industrial, Manufacturing, Office, Retail, Service, Warehouse
  • Exterior Treatment  Steel
  • Building Parking  56 or more spaces, Onsite, Paved
  • Roofing  Metal
  • Terms/Option  
  • Miscellaneous  
    • OTHER FEATURES  
  • Documents on File  Certified survey map, Lease(s)
  • Location  Business district
  • Tenant Pays  Air Conditioning, Electric, Heat, Janitorial, Parking, Sewer, Snow removal, Trash Services, Water
  • Present Use  Industrial, Warehouse, Wholesale
  • Licenses  None
  • Lease Type  Gross, Multiple years, Renewal options
  • Occupied by  Tenant(s)
  • Sale Includes  Lease(s)
  • Features  3 phase electric, 440+ volt, Inside storage, Internal sprinkler, Loading dock(s), Outside storage, Overhead doors, Private Restrooms, Public rest rooms, Ramp, Security lighting, Signage available, Truck dr(s) 15ft or lower



    • Above Information Deemed Reliable, But Not Guaranteed

    Listing Courtesy of Exp Realty, Llc