1571 US Highway 51 N - Retail FOR SALE


Arbor Vitae, WI 54568
$1,700,000 USD
715-892-7325
1571 US Highway 51 N, Arbor Vitae, WI for Sale
$1,700,000 USD
Retail - FOR SALE
1/10
null | Request Cap Rate

1571 US Highway 51 N
Arbor Vitae, WI 54568


HIGHLIGHTS

  • Income Producing Opportunity on HWY 51 in Arbor Vitae.
  • Class A Commercial Leases on 4 suites.
  • Extremely well maintained and updated building.

OVERVIEW

Income producing opportunity on US Hwy 51, just North of Minocqua, Wisconsin. 4 suite commercial property now available for the first time. The 10,580 sq ft building was originally constructed in 2008 and extremely well maintained and updated. Building has always been fully leased. Class A Commercial Leases. 2026 Gross Rents total $121,223. Lease agreements and P&L Statements on file. Property offers high visibility and easy / direct access on Hwy 51, with an average daily traffic count of 9,300. The building features 2 overhead delivery doors. Significant area of blacktopped parking, as well as a 2 car detached garage. Suite A is 2,720 sq ft, Suite B is 2,430 sq ft, Suite C is 2,925 sq ft, and Suite D is 2,525 sq ft. Neighboring business uses are retail and service providers. Located nearby the Lakeland Airport, schools, hospitals, commerce and gas stations.

FOR SALE DETAILS

PRICE

$1,700,000 USD

PRICE/SF

$182 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,324 SF

ZONING

General Business

APN/PARCEL ID

2-982-07

ASK ABOUT THIS PROPERTY

Adam RedmanRedman Realty Group LLCMore Info
715-892-7325

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Adam RedmanRedman Realty Group LLCMore Info
715-892-7325

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.