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Property Description
Prime commercial building strategically located on a business highway at a prominent intersection. This high-visibility location offers exceptional exposure and easy access. The property is currently utilized as a multi-tenant office facility and features 9 individual office suites, all designed for maximum leasing potential of the building. Well maintained with consistent cash flow currently around $95,700 in gross annual revenue. A great opportunity for the savvy investor to purchase a commercial asset with many long term tenants to ensure investment stability. The location is surrounded by retail, professional services, dining and benefits from constant vehicular traffic and is easily accessible from major roadways, making it attractive to the tenants and customers alike! Ideal for a owner-user or an investor seeking a stable, income-producing asset.
Area Description
High tafffic location on business highway.
Highlights
Strong business location with many small and large businesses near.
Full Address: 2 Insight Drive, Platteville, WI 53818
Listing Type: FOR SALE
Status: Active
Occupancy Rate: 100
Zoning: commercial
Region: M-EN
County: Grant County
Use Type: investment/office
Property ID: 4090012
Has Sewer: Yes
Has Water: Yes
Has Electric: Yes
Has Waste: Yes
Has Broadband: Yes
Heating: Yes
Cooling: Yes
Has Gas: Yes
Building Sf: 6556
Parcel Num: 271-00930-0030
Number Units: 9
Number Buildings: 1
Year Built: 1989
Free Standing: Yes
Number Parking Spaces: 20
Cap Rate: 6
Tenancy Type: Multi-Tenant
Strong business location with many small and large businesses near.
Cash Flow Type: Proposed