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Key Details
Sold Price $390,000
Property Type Commercial
Sub Type Office(s)
Listing Status Sold
Purchase Type For Sale
Square Footage 12,420 sqft
Price per Sqft $31
MLS Listing ID 1883186
Sold Date 08/20/24
Year Built 1961
Annual Tax Amount $5,035
Tax Year 2023
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Office(s)
Property Description
Location! The Professional Building situated perfectly in the heart of Lake Geneva. Three level commercial office building on a high traffic downtown street. Previously renting $1.25 a sq ft, the 11,000 sq ft building was divided into 14 rentals leased by doctors, lawyers and professionals. As you can tell by the price, this isn't the case now, the building has been considered a total loss from an electrical fire. It has over 30 parking spaces that were individually leased for more income. New insulated roof in 2017, block and steel build, designed for flexible floor plans. 6 public restrooms, 7 total. Similar commercial buildings listed at over $2M. Property is ready for a clean start, sold as-is. Bring your contractor and your ideas. Yes, you can walk to the beach from here.
Location
State WI
County Walworth
Zoning Commercial
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Central Air, Forced Air
Exterior
Exterior Feature Stucco/Slate, (C) Stucco
Garage Spaces 19.0
Parking On Site 19
Roof Type Rubber/Membrane
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Others
Special Listing Condition Arms Length
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Bought with Coldwell Banker Real Estate Group
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