Bought with ALTUS Commercial Real Estate, Inc.
$3,265,000
$3,499,000
6.7%For more information regarding the value of a property, please contact us for a free consultation.
27,208 SqFt
SOLD DATE : 06/14/2024
Key Details
Sold Price $3,265,000
Property Type Commercial
Sub Type Office,Manufacturing,Warehouse,Industrial,Commercial Condo
Listing Status Sold
Purchase Type For Sale
Square Footage 27,208 sqft
Price per Sqft $120
MLS Listing ID 1967615
Sold Date 06/14/24
Year Built 2006
Annual Tax Amount $29,555
Tax Year 2022
Lot Size 3.230 Acres
Acres 3.23
Property Description
Prime commercial investment in Middleton! 10 condo units, totaling 27,208 sq ft in a 15-unit building. Breakdown: 15,938 sq ft warehouse, 6,502 sq ft office, 4,768 sq ft mezzanine. 5 vacant units (#11-15) offer 13,270 sq ft owner-occupant potential with contiguous space, featuring 8,270 sq ft warehouse, 3,670 sq ft office (2 levels), and a 1,330 sq ft mezzanine with 4 restrooms and a shower. There are 5 leased units (#5,6,8,9,10) totaling 13,938 sq ft on 1-year leases. Great for owner-occupant growth or lease renewal for steady income. Built in 2006, the building has a new metal roof (2022) with a 10-year warranty. The 3.23-acre property offers 76 parking stalls, is zoned C-2, with 18' warehouse ceiling, 14' overhead doors, floor drains, and 3-phase 200-amp electrical.
Location
State WI
County Dane
Area Middleton - T
Zoning C-2
Direction Hwy 14 West, L on Twin Valley
Rooms
Basement Slab/None
Interior
Heating Forced air, Radiant, Central air
Cooling Forced air, Radiant, Central air
Exterior
Garage 56 or more spaces, Onsite, Paved, Shared
Roof Type Metal
Building
Story 1
Water Joint well, Non-Municipal/Prvt dispos
Structure Type Brick,Stucco,Other,Stone
Others
SqFt Source Seller
Energy Description Natural gas
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