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$ 400,000
Est. payment /mo
New
125 DAVENPORT ST E Rhinelander, WI 54501
5 Baths
4,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 4,400 sqft
Price per Sqft $90
MLS Listing ID 215281
Half Baths 5
HOA Y/N No
Annual Tax Amount $6,497
Tax Year 2024
Lot Size 9,278 Sqft
Acres 0.21299358
Property Sub-Type Office
Property Description
If you are seeking an outstanding investment property to enhance your portfolio, consider this well-maintained office building located directly across from the Oneida County Courthouse an ideal location for a variety of businesses. The property boasts a strong rental history. This asset offers a genuine 10 capitalization rate and is presently occupied by three separate tenants; however, the flexible layout can be easily reconfigured to suit a range of business requirements. Currently, the right side of the building is leased to a title agency and includes a private large office, a spacious conference room, a sizable file room, three bathrooms, and a break room. The left side is occupied by a benefits company, featuring four large offices, an expansive entryway, an extra-large conference room, and two additional bathrooms at the rear. The third unit is being leased to an internet company utilizing the back of the building for storage. Don't miss this great investment opportunity!
Location
State WI
County Oneida
Direction From HWY 8 to right on Sutliff Ave to Right on W Davenport St to property on Left 125 Davenport St E.
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Flooring Mixed
Fireplace No
Exterior
Parking Features Paved, Private
Water Access Desc Public
Roof Type Composition,Shingle
Road Frontage City Street
Building
Story 1
Sewer Public Sewer
Water Public
Others
Tax ID 27601-0128-0000
Listed by REDMAN REALTY GROUP, LLC