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Listed by Equity Real Estate Group, LLC
$ 999,000
Est. payment /mo
Price Dropped by $51K
2 Insight Drive Platteville, WI 53818
6,556 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,556 sqft
Price per Sqft $152
Municipality PLATTEVILLE
MLS Listing ID 2016777
Year Built 1989
Annual Tax Amount $14,717
Tax Year 2024
Lot Size 0.710 Acres
Property Description
7.0% CAP rate with this prime investment/commercial opportunity with professional tenants strategically located on a business highway at a prominent intersection. This high-visibility location offers exceptional exposure and easy access. Fully stabilized investment with excellent rental history. The property is currently utilized as a multi-tenant office facility and features 9 individual office suites, all designed for maximum leasing potential of the building. A great opportunity for the savvy investor to purchase a commercial asset with many tenants to ensure investment stability. The location is surrounded by retail, professional services, dining and benefits from constant vehicular traffic and is easily accessible from major roadways, making it attractive to the tenants and customers alike! Current tenants include Edward Jones Investments, AFLAC, tax services, staffing service and other professional tenants. A great income producing asset!
Location
State WI
County Grant
Zoning Commercial
Rooms
Basement Full, Walk Out/Outer Door, Poured Concrete
Interior
Heating Natural Gas
Cooling Forced Air, Central Air, Zoned Heating
Inclusions Leases
Exterior
Roof Type Composition/Fiberglass
Building
Dwelling Type Free Standing
Story 1
Sewer Municipal Water, Municipal Sewer
New Construction N
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