919 N River Rd, West Bend, WI 53090
$590,000
$590,000
Photo #1
Features
- Commercial/Industrial
- Status: Sold
- Est. Square Footage: 16,000
- Est. Year Built: 1980
- County: Washington
- Postal Municipality: West Bend
- MLS#: 1685000
- Listing Company: Encore Real Estate Brokerage
- Price/SqFt: $36
- Zip Code: 53090
Property Description
919 N River Rd, West Bend, WI 53090 - Fully Leased!!! Rare opportunity to own a multi-tenant flex building with a high rate of return! This building has an eye popping current cap rate at 9.3%. The property could also work great as an owner-occupied investment. An owner occupant can stay in this building for virtually FREE and have the tenants pay the mortgage with the additional cash flow from the tenant occupied units. Tenants are recession and internet resistant. This five-tenant building has massive electrical input with 3 phase power to the building. The building's large parking lot and overhead doors add additional value and desire to this spectacular investment. Parking ratio is 2.75 stalls per 1,000 square feet.
-
Additional features
Basement
- None
Interior Features
- Heating/Cooling: Central Air, Forced Air, Indiv. Heating Units
- Water Waste: Municipal Sewer, Municipal Water
Building and Construction
- Roof: Metal
Land Features
- Waterfront/Access: N
- Lot Description: Rectangular
-
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM 1685000 Sold ActiveWO Jul 7 2020 12:00AM $590,000 25 1685000 Sold ActiveWO Jul 7 2020 12:00AM $590,000 25 1685000 ActiveWO Active May 6 2020 1:32PM 25 1685000 Active Apr 15 2020 12:10PM $585,000 25 -
Schools
-
Demographics
-
Market Conditions
Buyer understands that the information which is contained on Data pages is obtained from a number of different sources and which has not been independently verified or confirmed by the various real estate brokers and agents who have been and are involved in this transaction. If any particular measurement or data element is important or material to buyer, Buyer assumes all responsibility and liability to research, verify and confirm said data element and measurement. REALTOR *MLS* Equal Housing Opportunity
