25600 75TH ST Salem WI 53168-9279

• Located in a high growth, Paddock Lake/Salem Lakes area in close proximity to the state of Illinois
• Adaptable site once conceptually planed for mixed use developments including commercial, multi-family residential and industrial
• Over 1,400’ of frontage/exposure along STH “83” with additional 900’ of frontage along CTH “F”
• Municipal sewer available to the site.
• Open, level and functional site.
  

Standalone, single-tenant/single-story commercial building currently occupied by a tenant on a month to month lease. Property has 160 lineal feet of frontage along the north side of STH 50 (75th Street) with high daily traffic counts and excellent exposure. Main building is currently utilized as a car lot and can be adaptable to other uses. There is also an old school building that is in poor condition on the site. Adjacent parcels to the west are also available for sale. Per the property owner, current rent for the building is $2,200 per month or $26,400 per year. Estimated expenses for the property are $7,920 per year (30% of the gross income).

• High profile site located along 75th Street (STH 50) just west of 256th Avenue (STH 75).
• A curb cut access point services the site along 75th Street (STH 50).
• Property is zoned B-2 Community Business District with several adaptable uses to the building/property.
• 23,528 population within a five (5) mile radius making an average household income of $97,443.
• Additional building onsite that could be renovated for additional commercial uses.
• Neighboring properties to the west also available for a larger commercial assemblage and redevelopment.
• Currently utilized as a used car lot with a month-to-month tenant in place and an annual rental income of $26,400.