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701 Washington St

5,460 SF 100% Leased Office Building Rhinelander, WI 54501 $470,000 ($86/SF)

Investment Highlights

  • Multiple garage space with 12'4" ceiling height.
  • Multi-use building with many options for commercial and residential.
  • Office, reception, shop, bathrooms, 2 apartments.

Executive Summary

Approx. 8,000 Sq. Ft. large commercial building zoned B-3 General Use. Multiple garage space with 12'4" ceiling height in the original portion of the building, reception area, office space, mens/womens bathrooms, large shop area with two 11'x18' doors, steel frame portion of the building with garage and transition area between the two. 120/208 V 3 phase electric, 3 gas forced air furnaces, 2 central air systems. The upper level has a large 1-bedroom apartment, a 2-bedroom apartment, and coin-operated laundry. Many uses with this exceptional building or an investment for your personal use.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
5,460 SF
Building Class
C
Year Built
1980
Price
$470,000
Price Per SF
$86
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,730 SF
Building FAR
0.27
Land Acres
0.47 AC
Zoning
B3 General Use
Parking
12 Spaces (2.2 Spaces per 1,000 SF Leased)

Amenities

  • Reception
  • Storage Space
  • Demised WC facilities
  • Yard
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
RH 9108 0222
Land Assessment
$40,700
Improvements Assessment
$90,000
Total Assessment
$130,700
  • Listing ID: 33662340

  • Date on Market: 10/28/2024

  • Last Updated:

  • Address: 701 Washington St, Rhinelander, WI 54501

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