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870 Summit Ave 2,176 SF Office Building Oconomowoc, WI 53066 $600,000 ($275.74/SF)



INVESTMENT HIGHLIGHTS
- Strong Road Visibility with 9,000 Vehicles Per Day
- Dual zone climate control with moisture control for added comfort
- Two Private Offices, Conference Table, and Large Community Area
- ADA compliant and move-in ready offices available
- Cubicles can be included with purchase
- Large Backyard improves the ability for additional space to be added.
EXECUTIVE SUMMARY
Oconomowoc stand alone building with two private offices, conference room, and large common areas for a growing business. This property was renovated in 2007 and includes all office furnishings. The mechanicals were updated during the remodel along with all new electrical and plumbing installed. In 2022 a new roof was installed along with a new AC and split system dehumidifier unit. The unit has moisture control and dual zone climate. The building is ADA compliant with easily accessible restrooms, kitchen space and concrete ramp in the back. There is plenty of parking in the back with a large green space that can be used to expand onto. The property is located on Summit Ave generating 9,000 vehicles per day. One of a kind property sitting on half an acre on the main office corridor for Oconomowoc. Phase 1 environmental completed with no issues leading to a Phase 2. Plenty of storage in the basement with it being partially finished. In the heart of growing Oconomowoc, this is the perfect property to grow a business into and surround yourself with Lake Country growth.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Building Size
2,176 SF
Building Class
C
Year Built
1973
Price
$600,000
Price Per SF
$275.74
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,176 SF
Building FAR
0.10
Lot Size
0.50 AC
Zoning
B - General Commercial Zoning District
1 1
PROPERTY TAXES
| Parcel Number | OCOC-0589-023-002 | Improvements Assessment | $260,500 |
| Land Assessment | $141,700 | Total Assessment | $402,200 |
PROPERTY TAXES
Parcel Number
OCOC-0589-023-002
Land Assessment
$141,700
Improvements Assessment
$260,500
Total Assessment
$402,200
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870 Summit Ave
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