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218 Merchant Row

4,056 SF 50% Leased Office Building Milton, WI 53563 $450,000 ($111/SF)

Executive Summary

Welcome to the Seeger Building! This beautiful brick property has been lovingly remodeled while maintaining its character and charm. The main level offers retail space in the front & office space in the back. Both are currently leased by the retail tenant. Upstairs are two spacious one-bedroom apartments that have just been completely renovated. Large windows let in ample natural light, refinished hard wood floors & new appliances. Lease annually or as short-term vacation rentals. (3) New furnaces (3) central air (3) hot water heaters, all plumbing and electrical upgraded and a new roof are just some of the updates. Potential income from apartments $22K + annually Property addresses include: 218-220 Merchant Row and 221 First Lane This turn key property is ready to go!
Hwy 59 East to South on Merchant Row.
Seller reserves the right to use this property as a 1031 exchange sale.
Measurements are approximate. Buyer to verify if important

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
4,056 SF
Building Class
C
Year Built/Renovated
1899/2024
Price
$450,000
Price Per SF
$111
Percent Leased
50%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,028 SF
Building FAR
1.33
Lot Size
0.07 AC
Zoning
B3 - B3

Amenities

  • Controlled Access
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector
  • Listing ID: 34082283

  • Date on Market: 12/4/2024

  • Last Updated:

  • Address: 218 Merchant Row, Milton, WI 53563

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