1951 8th Street South Wisconsin Rapids, WI 54494
Great investment property! **SELLER FINANCING AVAILABLE AT 6.0% INTEREST RATE!** Located in the heart of Wisconsin Rapids with DOT daily traffic counts of 20, 600, this well maintained building offers fantastic exposure. Total building square footage of 5, 439 sqft, with the 1, 650 sqft northern unit currently rented for $1, 650/month on a 5 year lease term with 3% increase at 5 years. The 3, 789 sqft southern unit was recently rented for $3, 425/month on a 5 year lease term with 3% annual increase. The large 0.814 acre lot offers an abundance of parking. Both units are separately metered for all utilities. Landlord covers snow removal, exterior maintenance, taxes, and building insurance. Tenants cover utilities and interior maintenance.
- Property TypeCommercial
- NeighborhoodN/A
- CountyWood
- Taxes$9,885
- HOA/Condo/Coop Fees$0
- Days on Site61 Days
- MLS StatusActive
- MLS ID Number22401505
- Home Size Source N/A
- Year Built1976
- Lot Size0.81 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction BrickStucco
- Parking Shared
- Acreage 0.81
Interior Features
- Cooling Central Air
- Heating Forced Air
Exterior Features
- Waterfront Property No