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Summit Avenue Professional Building 104 E Summit Ave 7,560 SF 78% Leased Office Building Wales, WI 53183 $650,000 ($85.98/SF)



Investment Highlights
- Located right off E Summit Ave.
- This building is a perfect opportunity for either an investor, or a new dentist starting out, or an established dentist to open a new satellite office
Executive Summary
An Exceptional Opportunity! This building is a perfect opportunity for either an investor, or a new dentist starting out, or an established dentist to open a new satellite office. The current dentist retired and has left a fully functional dental suite that is move-in ready with minimal investment. There are 3 equipped treatment rooms, treatment chairs, 3 x-ray units plus a Panorex unit, miscellaneous equipment, a fully furnished waiting room, a reception desk with built-in filing, a lab room, an employee break room, and a private
office. This suite is tastefully decorated and ready for patients.
Pay for your building with rental income. Currently there is a chiropractor, an accountant, and a counselor renting space in the building. There is also a lower-level area that contains a variety of rental spaces. Past rents when fully rented (at lower than present-day rates) have totaled $65,000 to $71,000 annually.
office. This suite is tastefully decorated and ready for patients.
Pay for your building with rental income. Currently there is a chiropractor, an accountant, and a counselor renting space in the building. There is also a lower-level area that contains a variety of rental spaces. Past rents when fully rented (at lower than present-day rates) have totaled $65,000 to $71,000 annually.
Property Facts Under Contract
Sale Type
Investment or Owner User
Sale Condition
Lease Option
Property Type
Office
Building Size
7,560 SF
Building Class
C
Year Built
1980
Price
$650,000
Price Per SF
$85.98
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,560 SF
Slab To Slab
9’
Building FAR
0.15
Lot Size
1.12 AC
Zoning
B
Parking
30 Spaces (3.97 Spaces per 1,000 SF Leased)
Amenities
- Signage
1 1
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | WLSV-1454-987-001 | Improvements Assessment | $311,800 |
| Land Assessment | $246,000 | Total Assessment | $557,800 |
Property Taxes
Parcel Number
WLSV-1454-987-001
Land Assessment
$246,000
Improvements Assessment
$311,800
Total Assessment
$557,800
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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Presented by
Michael & Mary Biondo
Summit Avenue Professional Building | 104 E Summit Ave
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