Bought with Gerrard-Hoeschler, REALTORS
$1,050,000
$1,300,000
19.2%For more information regarding the value of a property, please contact us for a free consultation.
365 oak Ave S West Salem, WI 54669
38,000 SqFt
Key Details
Sold Price $1,050,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 38,000 sqft
Price per Sqft $27
MLS Listing ID 1843444
Sold Date 02/02/24
Year Built 1975
Annual Tax Amount $9,330
Tax Year 2022
Lot Size 2.640 Acres
Acres 2.64
Property Description
Investment with 3 commercial buildings mostly rented at this time. 1st bldg is concrete block with rubber roof 12,500 sq ft office and production shipping and receiving, now rented for $39,000 / yr. Bldg 2 is 10,000 sq ft warehouse with dock and overhead door now rented for 5 years at $50,000 / yr. Bldg 3 is 15,500 sq ft partially rented 4800 sq ft at $3 / sq ft with 10,500 sq ft vacant used by owner. Current rent is $12,000. All rents triple net. Total current rent = $101,000 with 10,500 ft available at $4 / sq ft. Interstate visiblity with easy access to I-90.
Location
State WI
County La Crosse
Zoning com
Rooms
Basement None
Interior
Heating Forced Air, Indiv. Heating Units, Natural Gas
Cooling Forced Air, Indiv. Heating Units, Natural Gas
Flooring No
Exterior
Exterior Feature Brick, Steel
Garage Spaces 20.0
Roof Type Rubber
Building
Water Municipal Sewer, Municipal Water
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