Dick Schmitz
SQUARE FEET5,670
MLS#50319559
STATUSActive W/Offer
PROPERTY TYPECommercial - Business
SCHOOLNorth Fond Du Lac
Listing Courtesy of:
Zellner Real Estate
Agency Phone: 9209603898
Property Description
Attention Commercial Investors! A well known Salon & Spa tenant that's already had 10 Successful Years has just agreed to a 5 Year Lease Extension that will result in an 8.12 Cap Rate starting November 1st! The property is in Great Condition and is located on Prospect Ave which is a Main Thoroughfare in North Fond du Lac. The Landlord has minimal responsibilities making this a very passive investment. The tenant pays all utilities and maintains all interior contents/fixtures. This property consists of 5 adjacent parcels totaling almost an Acre and has plenty of paved parking. The corner parcel is buildable as a future development as well which adds plenty of value to this investment. Call now for more information and lock in the Cash Flow!
Property Features
Property Type: Commercial - Business
Lot Size: 0.94 Acres
Taxes: $8,332
Year Built: 1996
Feature Descriptions
Basement: None / Slab, None
Data Source: WIREX_RANW
Days on Site: 61
Exterior: Concrete
Heating/Cooling: Forced Air, Other, Gas
Water/Waste: Municipal Water, Municipal Sewer
Local Schools
School District: North Fond Du Lac
Listed By / Shown By
Listed By
Agency Name: Zellner Real Estate
Agency Phone: 9209603898
Shown By
Agent Name: Dick Schmitz
Agent Phone: (608) 225-6066
Agency Title: Stark Company Realtors
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432 Prospect Avenue | MLS# 50319559
This commercial property located at 432 Prospect Avenue, North Fond Du Lac, WI 54937 is currently listed for sale with an asking price of $440,000. Prospect Avenue is located within the North Fond Du Lac school district. Search North Fond Du Lac real estate on dschmitz.starkhomes.com today.