2 Insight Drive
MLS ID #153962
Asking: $999,000
Type: Commercial
Address: 2 Insight Drive
City: Platteville
State: WI
ZIP: 53818
Area: Wisconsin
Class: Commercial/industrial
County: Grant
General Information
Total # of Bath Areas: 4.00
Year Built: 1989
Price per Square Foot: $0
Lot Size: .71 acre
Zoning: Commercial
Parcel ID: 271-00930-0030
DBA: N/A
Year Purchased: N/A
Subdivision / Legal: N/A
Income Rents: 98100
Income Sales: N/A
Income Other: N/A
Total Income: 98100
Expenses Insurance: 3596
Expenses Taxes: 14717
Expenses Utilities: 7260
Expenses Other: 2386
Total Expenses: 27959
Net Income: 70141
Features
Commercial Style: One Story
Exterior Finish: Brick, Wood
Raised Docks: None
Ground Line Doors: None
Roof: Asphalt Shingle
Basement: Full
Foundation: Pour
Electric Service: 200 Amps
Electric: Other
Fuel Type: Gas
Heating: Forced Air
Cooling: Central Air
Gas: Natural Gas
Water: Public
Sewer: Public
Flooring: Other
Extras: Other
Parking Surface: Black Top
Terms: Cash, Financed
Description
7.0% CAP rate with this prime investment/commercial opportunity with professional tenants strategically located on a business highway at a prominent intersection with full capacity. This high-visibility location offers exceptional exposure and easy access. Fully stabilized investment with excellent rental history. The property is currently utilized as a multi-tenant office facility and features 9 individual office suites, all designed for maximum leasing potential of the building. A great opportunity for the savvy investor to purchase a commercial asset with many tenants to ensure investment stability. The location is surrounded by retail, professional services, dining and benefits from constant vehicular traffic and is easily accessible from major roadways, making it attractive to the tenants and customers alike! Current tenants include Edward Jones Investments, AFLAC, tax services, staffing service and other professional tenants. A great income producing asset!
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