Bought with Howard and Williams, INC.
$1,650,000
$1,700,000
2.9%For more information regarding the value of a property, please contact us for a free consultation.
981 N Page St Stoughton, WI 53589
1.68 Acres Lot
Key Details
Sold Price $1,650,000
Property Type Commercial
Sub Type Retail,Restaurant/Supper Club,Gas station,Shopping center/StripMall
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1925690
Sold Date 05/19/22
Annual Tax Amount $18,275
Tax Year 2021
Lot Size 1.677 Acres
Acres 1.677
Property Sub-Type Retail,Restaurant/Supper Club,Gas station,Shopping center/StripMall
Property Description
Wonderful opportunity to own a well-established strip mall with adjacent storage units. Home of Famous Yeti's Pizza, Stoughton Spirits, and the local Citgo Gas Station. Long term tenants, great rental history and cash flow. Offered at 7.5% cap rate. This property has been well-maintained, with many major improvements completed from 2012 to 2021. A practically hands-off property for the owners, this is a great opportunity to purchase a stable investment in Dane County that will only continue to appreciate in the future.
Location
State WI
County Dane
Area Stoughton - C
Zoning G2
Direction From downtown Stoughton, take Page St. North for 9 blocks and the building will be on the right.
Interior
Heating Forced air, Central air
Cooling Forced air, Central air
Exterior
Parking Features 21-35 spaces
Roof Type Composition
Building
Story 1
Water Municipal water, Municipal sewer
Structure Type Steel,Other
Others
SqFt Source Other
Energy Description Natural gas
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