$1,450,000
MLS #: 1561891
10,014 Sq Ft

Description of 1195 Summit Ave, Oconomowoc, WI 53066

LOCATION! LOCATION! LOCATION! Approx 10,000 SF strip center located in the ''gateway'' of Oconomowoc between the thriving downtown and the I-94 Pabst Farms corridor. Property is situated next to Culver's at a newly constructed controlled intersection along a new 6 lane road (Summit Ave/Hwy 67). Ideal spot for an owner occupant / investor. Several tenants have been here long term. Only one spot (1214 SF) is available and when rented pushes the CAP rate over 8% with upside rent potential. NNN leases.THERE ARE FEW QUALITY INVESTMENT PROPERTIES AVAILABLE. EVEN FEWER THAT MAKE $EN$E.

Property Features of 1195 Summit Ave, Oconomowoc, WI 53066

TYPE
Commercial/Industrial
Year Built
1997
Annual Taxes
$22,408.00
Features
Central air
Forced air heat
Natural gas heat
Lot acreage is: 1.10
Lot zoned: General Comm.
Rubber roof
Public sewer
Public water
Total square feet: 10014.00
Tax year: 2017
Courtesy of: Johnson & Hellekson Real Estate, LLC

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