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Key Details
Sold Price $1,650,000
Property Type Commercial
Sub Type Restaurant/Supper Club,Gas/Service Station,Shopping Center,Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1925690
Sold Date 05/19/22
Annual Tax Amount $18,275
Tax Year 2021
Lot Size 1.677 Acres
Acres 1.677
Property Sub-Type Restaurant/Supper Club,Gas/Service Station,Shopping Center,Retail
Property Description
Wonderful opportunity to own a well-established strip mall with adjacent storage units. Home of Famous Yeti's Pizza, Stoughton Spirits, and the local Citgo Gas Station. Long term tenants, great rental history and cash flow. Offered at 7.5% cap rate. This property has been well-maintained, with many major improvements completed from 2012 to 2021. A practically hands-off property for the owners, this is a great opportunity to purchase a stable investment in Dane County that will only continue to appreciate in the future.
Location
State WI
County Dane
Zoning G2
Interior
Heating Natural Gas
Cooling Forced Air, Central Air
Exterior
Roof Type Composition/Fiberglass
Building
Sewer Municipal Water, Municipal Sewer
New Construction N
Others
Special Listing Condition Arms Length
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Bought with Howard and Williams, INC.
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