748 Exchange DR Pending Save Request In-Person Tour Request Virtual Tour
Hudson,WI 54016
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
Square Footage 83,199 sqft
Price per Sqft $16
MLS Listing ID 6679300
Year Built 2008
Annual Tax Amount $8,309
Lot Size 1.910 Acres
Property Description
This prime commercial building could be used as investment property today that offers an excellent opportunity for investors with a tenant on a 14-20-month remaining lease or invest today for your own business growth opportunities. The tenant is responsible for all utilities and maintenance, making this a low-maintenance investment with an impressive 7% cap rate. The property includes a 78X178 building,(13,572-square foot) equipped with infrared heating for energy efficiency, multiple offices, and workplaces on both the main and upper floors, and an easily accessible loading dock with several large doors to accommodate logistics and storage needs. In addition to the main building, the lease includes two additional buildings (751 Sterbenz – MLS# 6683033) which can be an additional purchase along with the lot (MLS# 6683262)that offers significant potential for future expansion, making it an attractive option for growing businesses or developers looking to increase their footprint. The versatility of the space allows for a variety of uses, including warehousing, manufacturing, and distribution, while the flexible workspaces make it a great fit for office-based operations.
Location
State WI
County St. Croix
Interior
Heating Radiator
Cooling Central
Exterior
Parking Features Finished Garage,Guest Parking,Parking Lot,Driveway - Asphalt,Floor Drain,Garage Door Opener,Gravel Lot,Heated Garage,Storage
Garage Spaces 6.0
Utilities Available Electric Separate,Heating Separate,Hot Water Separate
Roof Type Age 8 Years or Less,Metal
Building
Water Private,Well
Structure Type Frame,Steel