SQUARE FEET15,000
MLS#1982376
STATUSActive
PROPERTY TYPECommercial - Business
Listing Courtesy of:
DeRango Real Estate Services
Agency Phone: 2629896520
Property Description
INVESTMENT OPPORTUNITY! Acquire a fully occupied multi-tenant industrial complex in Raymond generating approximately $101,280 in annual base rental income and an estimated NOI of $93,780. Two established tenants provide immediate cash flow, including a long-term tenant with lease term extending into 2034. Tenants pay their own utilities, with additional operating expenses reimbursed pursuant to lease terms, helping minimize landlord exposure. This income-producing asset offers an attractive combination of strong existing cash flow, long-term tenancy and future rent growth. An excellent opportunity for investors seeking a stabilized industrial property in Racine County with dependable income and long-term upside. Call for a tour today!
Property Features
Property Type: Commercial - Business
Lot Size: 1.29 Acres
Roof Type: Rubber/Membrane
Taxes: $7,154
Year Built: 1972
Feature Descriptions
Basement: None / Slab
Building: Free Standing
Ceiling Height: 8 - 10 feet
Commercial Features: Truck Door Height: 9 - 12 Feet, Truck Door(s), Offices, Outside Storage, Restroom(s)
Data Source: WIREX_METRO
Days on Site: 11
Exterior: Aluminum/Steel, Steel
Heating/Cooling: Forced Air
Heating Fuel: Natural Gas
Lot Dimensions: Irregular
Real Estate Included: Yes
Total Parking Spaces: 12.0
Water/Waste: Holding Tank, Shared Well
Listed By / Shown By
Listed By
Agency Name: DeRango Real Estate Services
Agency Phone: 2629896520
Shown By
Agent Name: Dick Quinn
Agent Phone: (608) 628-9596
Agency Title: Stark Company Realtors
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2524 S 76th Street | MLS# 1982376
This commercial property located at 2524 S 76th Street, Franksville, WI 53126 is currently listed for sale with an asking price of $1,250,000. Search Franksville real estate on dquinn.starkhomes.com today.