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    N63W23583 Main St

    Sussex, WI 53089
    • $545,000
    • STATUS: Active
    • ON SITE: 741 days
    • ID#: 1613568
    $545,000
    • 0
      BEDS
    • 0.59
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,600
      SQFT
    • $57
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1981
    County:
    Area:

    School Ratings & Info

    Listing provided courtesy of Keller Williams Realty-Milwaukee North Shore.

    Description

    A Home for your business or an investment for your portfolio - maybe both - you decide. Built in 1981 this 9,600 RSF office building has huge upside potential. The property operates in the back with half the building unoccupied. Lease this thing up and start printing cash or plug in our business and enjoy free rent in the heart of Sussex. All leases written full service gross with a pass-through for increases above thresholds stated in lease. Building is 49% occupied with 4,665 USF of above-grade space available at an average FSG rent of $15.30/USF. See documents tab for Pro Forma illustrating present economics and forecast projections when leased to 85%.

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    © 2020 MetroMLS - All rights reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MetroMLS or RE/MAX United. Data last updated: 2020-11-26T23:52:32.883.
    www.sellingmilwaukee.com/homes/89472895
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    N63W23583 Main St Sussex, WI 53089

    • Price: $545,000
    • Status: Active
    • ID#: 1613568
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.59
    Acres
    9,600
    SQFT
    $57
    $/SQFT
    1981
    Built
    Neighborhood:
    Waukesha
    County:
    Waukesha
    Area:
    Waukesha
    Property Description
    A Home for your business or an investment for your portfolio - maybe both - you decide. Built in 1981 this 9,600 RSF office building has huge upside potential. The property operates in the back with half the building unoccupied. Lease this thing up and start printing cash or plug in our business and enjoy free rent in the heart of Sussex. All leases written full service gross with a pass-through for increases above thresholds stated in lease. Building is 49% occupied with 4,665 USF of above-grade space available at an average FSG rent of $15.30/USF. See documents tab for Pro Forma illustrating present economics and forecast projections when leased to 85%.
    Exterior Features

    Exterior Brick Location Free Standing Parking Spaces 40.00 Proximity To Highway 5-7 Miles Road Frontage High VisibilityTown/City Road Roofing Composition Truck Door Height No Truck Door

    Interior Features

    Average Ceiling Height 8'-10' Basement BlockFullWalk Out/Outer Door Heating Cooling Central AirForced AirNatural Gas Miscellaneous 220 Volt PowerCarpetingHandicap AccessOffice(S)Pole SignRest RoomsSprinkler System

    Property Features

    Business Name Multi-Tenant Commercial Type Office(S) Flood Plain No For Sale Or Lease For Sale Only Municipality Village Sale Includes Real Estate Source Acreage Public Records Source Sq Ft Public Records Source Year Built Public Records Tax Year 2018 Taxes 10018.07 Type Business Water Waste Municipal SewerMunicipal Water Zoning B-2

    © 2020 MetroMLS - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified.


    © 2020 MetroMLS - All rights reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MetroMLS or RE/MAX United. Data last updated: 2020-11-26T23:52:32.883.
     
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    RE/MAX United
    W63N647 Washington Ave.
    Cedarburg WI, 53012
    Listing provided courtesy of Keller Williams Realty-Milwaukee North Shore.