MLS Public Remarks Lucrative investment opportunity: 7 One-Bedroom residential units + large commercial space currently utilized as a thriving salon. Each unit features a spacious kitchen, cozy gas fireplace, central air, in-unit laundry, and off-street parking. Located in a great location with easy access to amenities and highway, this property presents a unique chance to diversify your investment portfolio. With stable rental demand for residential units and endless possibilities with the commercial space, seize the opportunity to maximize returns and secure long-term growth. Solon business and assets are included with the sale.
Location City
Other Marketing Area
Mailing City Brodhead
C/T/V City
Unit #
Directions First Center Ave To East On 25th St
Real estate for sale Yes
Business for sale Yes
For lease only No
Ann. Rent/SqFt $0
Total Units/Bldg 8
Building Gross SqFt 10,122
Net Leasable SqFt 10,122
Year Built 1996
Source for Year Built PubR
Approx Bldg Dimen 64'x79'
Street Frontage 188
Parking Fees/Mo. $0
Onsite Parking 45
# of Stories 2
Ceiling Height Min 8
Ceiling Height Max 10
Number of Loading Docks 0
Zoning Mixed-Use
Est. Total Acres 0.65
Source Of Est Acres PubR
Lot Dimensions 150'x188'
Owner
Tradename
Land Assessment $64,600
Assessment Year 2023
Net Taxes $10,042
Tax Year 2023
Improvements $469,700
Total Assessment $534,300
Income/Expenses Year $2,023
Gross Operating Income $101,700
Annual Operating Exp $24,246
Net Operating Income $77,454
Unit |
Lease Type |
Lease Exp. Date |
Renewal Option |
Base Annual Rent |
Annual Rent/SqFt |
Other Fees/SqFt |
Gross SqFt |
1 |
multiple |
TBD |
No |
$0 |
$0 |
$0 |
5,056 |
2 |
year |
10/31/2024 |
No |
$8,700 |
$12 |
$0 |
723 |
3 |
year |
08/31/2024 |
No |
$8,400 |
$12 |
$0 |
723 |
Items Included all salon business items and inventory, 8 refrigerators, 7 dishwashers, 7 range/ovens, 8 washers, 8 dryers, 1 water softener
Items Excluded Tenants' & Seller's personal property
Heating/Cooling Central air, Forced air
Water/Waste Municipal sewer, Municipal water
Basement Slab/None
Fuel Natural gas
Seating Capacity 11-20 persons
Type Apartment building, Office, Retail, Service
Exterior Treatment Brick, Vinyl, Wood
Building Parking 36-55 spaces, Onsite, Paved
Roofing Composition
Terms/Option
Miscellaneous
Documents on File Fixtures & equipment, Inventory list, Lease(s), Property Condition Report
Location Business district, Free standing, Near Major Highway
Tenant Pays Air Conditioning, Electric, Heat, Sewer, Water
Present Use Apartment building, Office, Retail, Service
Licenses
Lease Type Mixed lease types
Occupied by Owner, Tenant(s)
Sale Includes Equipment, Inventory, Lease(s), Other
Features Public rest rooms, Residential unit(s)
Above Information Deemed Reliable, But Not Guaranteed
Listing Courtesy of Exit Professional Real Estate