Street Retail with Apartments Above

917 W Main St Sun Prairie, WI 53590

Medium_original
Front Right w drive up windows
Thumb_original Thumb_original Thumb_original Thumb_original Thumb_original Thumb_original Thumb_original Thumb_original Thumb_original
FOR SALE Incentives
Property Type:
MultiFamily Apartments
Amount:
$795,000
Last Verified:
Jul 21, 2017

Highlights

  • Retail space on 1st floor
  • Apartments above
  • Liquor-Beer-Wine-Tobacco Licenses-subject to lease
  • 24 Paved Parking spaces
  • Awning Signage
  • 11,500 car per day

Description

Great investment opportunity! First level has a 3,700 SF available space, formerly a liquor store w 2 drive up windows. Buyer could occupy or lease to new tenant. Coolers included in sale. One handicapped accessible apartment on 1st fl. Second level has 7 fully furnished apts w great occupancy history. Apartments are being leased as extended stay units so rent varies by length of term. If rented as apartments assume +/-$800/mo including utilities, this would increase the gross. Building has shared laundry room on 2nd floor. Expenses estimated. Great visibility with signage. 11,500 cars per day.

Retail space for lease at $9.00 NNN

Hwy 151 to Main St exit. Near the corner of W Main & S Bird. Across from McGovern's Tavern.

Building Size: 10175.0sq ft
Lot Size: 0.45 acres

Map of 917 W Main St, Sun Prairie, WI, 53590

Discussion/Comments

Presented by:
Thumb_pic

Request additional information
Icon_pic


Send a message
Share this Listing

Real Estate Incentives (What is this?)
Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.