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Additional details
Listed by Thomas Sanford • Sanford Enterprises, Inc.
$750,000
Est. payment /mo
4,192 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,192 sqft
Price per Sqft $178
Municipality MADISON
MLS Listing ID 2001511
Year Built 1941
Annual Tax Amount $8,467
Tax Year 2024
Lot Size 0.880 Acres
Acres 0.88
Property Description
A cozy and warm coffee shop surrounded by a lot residential and retail. Six years on this modifed gross lease. Strong tenant with excellent customer base. In the East Towne Trade Area. A lot of upside on this investment!! Please contact the Broker with any questions. No showings until an offer has been accepted, but the Buyer can (quietly) kick back there and enjoy yummy coffee and bake goods... ice cream too! Rent is based on the first year Option 1 (2025), a three year option. There is an Option 2 for three years also. Rent escalates 3 P3rcent every year. Expense is estimated. Landlord is responsible for exerior, roof, windows, doors, and asphalt. Asphalt was replaced in 2024.
Location
State WI
County Dane
Zoning CC
Rooms
Basement Full, Poured Concrete
Interior
Heating Natural Gas, Electric
Cooling Forced Air, Central Air
Exterior
Roof Type Composition/Fiberglass
Building
Dwelling Type Free Standing
Sewer Municipal Water, Municipal Sewer
New Construction N
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