Overview

Listing ID:#20181172

Building SF:6,364

Parcel Size:0.42 Acres

Price:$2,400,000

Building PSF:$377.12

Property Type:Office, Retail

Date Available:Now

Description

Introducing a prime investment opportunity on Main St in Sun Prairie! Built in 2016, this 6,363 SF retail/office building is comprised of 10 units w/easy access off Main St. Maintenance free exterior, elevator, 4 furnaces & a/c units, 12 on site parking stalls(more deeded from the neighboring property). First floor features 2988 sq ft of office space w/reception area, private bathrooms & shared kitchen area. Main floor is currently rented until 2029 with yearly escalators. Second floor consists of 3000 sq ft w/9 separate salon/spa units currently fully rented. Separate waiting area, shared bathrooms, 2 shared laundry areas & all attached equipment included. TIF payments until 2030!

Financial Information

Gross Income:$151,116

Total Expenses:$26,863

Net Op. Income:$137,645

Current Tenants:10

Percent Leased:100%

Real Estate Taxes:$17

Tax Year:2024

Building Details

Building Type:Multi-Tenant

Building Status:Existing

Year Built:2017

Number of Floors:2

Number of Units:10

Number of Restrooms:4

Zoning:Commercial

Outside Parking:Yes

Municipal Sewer:Yes

Municipal Water:Yes

Building Amenities

Elevator:Yes

Contact Listing Agent

Luke Bruckner

608-445-9852

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