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Key Details
Sold Price $699,900
Property Type Commercial
Sub Type Office(s)
Listing Status Sold
Purchase Type For Sale
Square Footage 22,962 sqft
Price per Sqft $30
MLS Listing ID 50253295
Sold Date 11/01/22
Year Built 1976
Annual Tax Amount $22,058
Tax Year 2021
Lot Size 0.940 Acres
Acres 0.94
Property Sub-Type Office(s)
Property Description
YES, HIGH VACANCY! BUT A GREAT PRICE! 22,000 sq ft White Brick Office Building near Notre Dame High School. Price = $750,000. 14,500 sq ft rentable. $184,300 potential rent, $93,000 (50%) vacancy expense, $57,000 operating expense. NOI is $33,500. Pro Forma NOI is approx. $100,000 when 90% leased. Shown by appointment only-Please do not disturb tenants. Seller will consider all offers so make an offer - motivated seller!
Location
State WI
County Brown
Area Gb/Fv-Swest (Brown Cty Only)
Zoning commercial
Rooms
Basement Poured Concrete, Full
Interior
Cooling Central Air, Forced Air, Zoned Heating, Gas
Exterior
Exterior Feature Brick
Garage Spaces 72.0
Parking On Site 72
Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
School District Green Bay Area
Others
Special Listing Condition Arms Length
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Bought with Kersten Realty Residential Inc.
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