300 4th St | Algoma, WI 54201
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300 4th St
Algoma, WI 54201
Retail Property For Sale
Investment Highlights
- Top floor penthouse with great rental use
- Endless possibilities!
- Main floor retail/commercial space
Executive Summary
Historic downtown Algoma building with 15,000 square feet. Former Netto Palazzo Manufacturing Company. 3,000 sq ft top floor penthouse with 360 degree view of the city, Ahnapee River and Lake Michigan. Full basement plus 3 floors and a one story warehouse. Many opportunities: business, rental space, condos, apartments, retail...check out the updates! Top floor penthouse currently rents for $1,400 per month. Second level studio apartment rents for $800 per month. West side of building commercial space rented for $600 per month. Please call for more details. See MLS 141587. Also listed under Residential MLS 141588 TEXT 136213 to 35620 for more information.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
15,000 SF
Building Class
C
Year Built
1890
Price
$289,900
Price Per SF
$19
Percent Leased
100%
Tenancy
Multiple
Building Height
4 Stories
Building FAR
1.91
Land Acres
0.18 AC
Zoning
C - Commercial
Frontage
Amenities
- Corner Lot
- Storage Space
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 201-00330-0640 | Improvements Assessment | $125,700 |
| Land Assessment | $27,400 | Total Assessment | $153,100 |
PROPERTY TAXES
Parcel Number
201-00330-0640
Land Assessment
$27,400
Improvements Assessment
$125,700
Total Assessment
$153,100
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