• 715-571-3510

Learn more about this property

    2811 & 2821 8TH STREET SOUTH Wisconsin Rapids WI 54494
    $ 899,900.00

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    • MLS #: 22233610
    • Date added: 08/18/23
    • Post Updated: 2023-08-29 10:00:08
    • Type:
    • Status:
    • Area: 27760 sq ft
    • Lot Size: 2.6
    • Year built: 1976

    Description

    Great investment opportunity! Prime commercial property with two buildings consisting of 12,800 sf and 14,960 sf for a total of 27,760 sf on 2.66 acres. Great visibility and high traffic counts. Fantastic value priced well below the combined estimated fair market value $1,367,000 as per 2022 tax bill. Currently just over 50% occupancy.

    Location Details

    • Municipality: Wisconsin Rapids, City of
    • County: Wood County
    • Directions: Hwy. 54 S to 8th St S.
    • Area Desc: Wisconsin Rapids
    • LOCATION: Business District,Shopping Center
    • ZONING: Commercial

    Property Details

    • CONSTRUCTION: Brick
    • # of Stories: 1
    • # of Buildings: 2
    • Building Sq Ft: 20001+
    • Land Sq Ft: 50000+
    • Sq Footage Office:: 27760
    • Number of Acres: 2.6
    • Sale/Rent: For Sale
    • Annual Rent: 176148.0
    • LEASE TYPE: Gross,Escalators,Month to Month,Annual,Multiple Years,Renewal Options
    • Age: 47
    • POSSIBLE USE: Retail,Restaurant/Bar,Office,Business,Shopping Center,Manufacturing,Grocery,Church,Beauty/Barber,Mixed Use,Other,Bakery,Beer/Liquor,Catering,Day care,Distributorship,Graphic/Print Shop,Pizza Parlor,Restaurant,Specialty/Gift Shop
    • Present Use: Retail

    Property Features

    • Street Frontage: Y
    • ROOF: Composition
    • BASEMENT: None
    • HEAT TYPE: Forced Air
    • FUEL TYPE: Natural Gas
    • COOLING: Central
    • ELECTRICAL/COMMUNICATIONS: 200 AMP
    • Parking: Y Common,Paved,Private,26 or more,Blacktop/Asphalt
    • Ceiling Height (Min): 10
    • Ceiling Height (MAX): 10
    • WATER/WASTE: Municipal Sewer,Municipal Water
    • UTILITIES AT L: 26950.0

    Fees&Taxes

    • Tax Amount: $ 30,833.00
    • Tax Year: 2022

    Miscellaneous

    • Other Expenses: 97909.0
    • Net Income: 51289.00
    • MISCELLANEOUS: Electric Hot Water Heater,Display Window,Security Lighting,Janitorial Service,High Traffic Location,Handicap Access,High Visibility,Highway Access,Kitchen Area,Landscaped,Public Rest Room,Signage Available,ADA Compliance,Smoke Detectors
    • Total Income: 176148.0
    • SALE INCLUDES: Easements,Signs
    • TENANT PAYS: Trash Services
    • LICENSES: None

    Courtesy of

    • Office Name: FIRST WEBER
    • Contact: homeinfo@firstweber.com
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