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.
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.
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
Land Assessment $105,800
Assessment Year 2022
Net Taxes $44,832
Tax Year 2022
Improvements $1,532,800
Total Assessment $1,638,600
Income/Expenses Year $0
Gross Operating Income $345,552
Annual Operating Exp $54,180
Net Operating Income $291,372
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
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
Type Industrial, Manufacturing, Office, Retail, Service, Warehouse
Exterior Treatment Steel
Building Parking 56 or more spaces, Onsite, Paved
Roofing Metal
Terms/Option
Miscellaneous
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