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28025656
28025657

300 N Dickason, Columbus, WI 53925

DM
WI 111333-94
Slaby & Associates
DS
Slaby & Associates
Listed by Slaby & Associates
$400,000
214 days on market
Updated 7 days ago

300 N. Dickason

Details
Property Type Industrial, Mixed Use (+3)
Sub Type Flex, Traditional Office (+1)
Square Footage 17,500
Units 10
Cap Rate 8.00%
NOI $32,000
Occupancy 90%
Tenancy Multi
Lease Type Gross
Pro-Forma Cap Rate 9.5%
Pro-Forma NOI $38,000
Broker Co-Op Yes
Class C
Year Built 1850
Year Renovated 1975
Buildings 1
Stories 1
Acreage 0.420
Zoning Light Industrial
Parking Spaces 4 spaces
Parking Per SqFt 0.23
Sale Condition For sale by owner

Massive Multi-Use Flex Warehouse w/ Self Storage

Marketing description

Great cash flow! Fantastic opportunity to own a massive flex warehouse. The property comes with multiple leases and self-storage areas. Inside warehouse has opportunities to build out 25 large storage units and have ample space for a quasi-second floor. Spa Salon leasing corner unit. 90% occupied and in a terrific location. Currently cash flows but add your creativity and add value with unlimited opportunities. Phase 3 Power to the building. Ask about the adjacent parcel with plans for a multifamily development. Could be great to pair the two together… Builder? Perfect storage and staging space available.

Investment highlights

-17,500 Sq Ft

-High Ceilings in Warehouse

-2 High Garage Doors

-Self-Storage

-Office for Rent

-Salon Spa current tenant

-Steps away from downtown and AMTRAK

Listing Contacts

DM
WI 111333-94
Slaby & Associates
DS
Slaby & Associates
Listed by Slaby & Associates

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$32,000.00
$2,666.67/mo

Valuation Metrics

0
DSCR
8%
Cap Rate
8%
ROI

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Additional Information

Name
Derek Morrison
License
111333-94
Brokerage
Slaby & Associates
Title
Real Estate Sales
Brokerage Address
1100 John P Livesey Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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