Description
YES, HIGH VACANCY! BUT A GREAT PRICE! 22,000 sq ft White Brick Office Building near Notre Dame High School. Price = $750,000. 14,500 sq ft rentable. $184,300 potential rent, $93,000 (50%) vacancy expense, $57,000 operating expense. NOI is $33,500. Pro Forma NOI is approx. $100,000 when 90% leased. Shown by appointment only-Please do not disturb tenants. Seller will consider all offers so make an offer - motivated seller!
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0BEDS
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0.94ACRES
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0BATHS
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01/2 BATHS
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22,962SQFT
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$30$/SQFT
Description
YES, HIGH VACANCY! BUT A GREAT PRICE! 22,000 sq ft White Brick Office Building near Notre Dame High School. Price = $750,000. 14,500 sq ft rentable. $184,300 potential rent, $93,000 (50%) vacancy expense, $57,000 operating expense. NOI is $33,500. Pro Forma NOI is approx. $100,000 when 90% leased. Shown by appointment only-Please do not disturb tenants. Seller will consider all offers so make an offer - motivated seller!
© 2022 Realtors Association of Northeast Wisconsin. All Rights Reserved. Information received from other third parties: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker nor Todd Wiese Homeselling System, Inc. nor RANW MLS shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Data last updated: 2022-07-03T00:29:37.923.