$599,000

N63w23583 Main St

Sussex WI, 53089

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%.

Details

MLS#1613568
Sub-TypeResale
StatusActive
Year1981
Days On Site387

Features

SQ Feet9,600
Story(s)3
ZoningB-2

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Area Information

StateWI
CountyWaukesha
CitySussex
Zip Code53089
AreaWaukesha
Listing VS Median (in 53089)
Price:
$599,000
low | high
Med:
$121,990
100% of Average
SqFt:
9,600
low | high
Med:
0
100% of Average
$ / SqFt:
$62
low | high
Med:
$0
100% of Average
On Site:
387
low | high
Med:
931
41.56820622986% of Average
Listing Updated: 12/07/2019
MLS Number: 1613568
Listing Provided By:
Jay D Schmidt  of  Keller Williams Realty-Milwaukee North Shore

Listing data provided by Metro MLS. Copyright 2019, Multiple Listing Service, Inc. 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.