FOR SALE: Turnkey Office Investment Property

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All information is believed to be accurate and reliable, but is not guaranteed and is subject to change.

Mike Herro Oconomowoc Realty, LLC

262.490.3611 Mlherro@oconomowocrealty.com Oconomowoc Realty, LLC

156 E. Wisconsin Avenue, Oconomowoc WI 53066 OconomowocRealty.com

Commercial/Office Space

137 S Cross Street Oconomowoc, WI 53066

FOR SALE: Turnkey Office Investment Property $519,900

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FOR SALE

HIGHLIGHTS

• Nine well-appointed office spaces.

• Conveniently located near I-94 and Highway 16.

• Recent remodeling done to interior & exterior in 2019.

• Walking distance to downtown Oconomowoc.

• Wheelchair accessible ramp and ADA compliant bathroom

• 5 on-site parking spots & municipal parking lots nearby.

262.490.3611 Mlherro@oconomowocrealty.com

Commercial/Office Space

DETAILS

Asking Price: $519,900 Acres: 0.10 acres Building Size: 3,069 sq. ft.

Year: 1901

Zoning: Commercial (GC)

Tax Key OCOC0563265

Inclusions: See pages 7 & 8

Exclusions: Tenant’s personal property

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FOR SALE

PHOTOS

Commercial/Office Space

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FOR SALE

PHOTOS

Commercial/Office Space

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FOR SALE

AERIAL PHOTOS

Commercial/Office Space

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FOR SALE

EXPENSES & RENTS (2020) Commercial/Office

Rents & SQFT Expenses

Office Rent Annual Rent SQFT Lease End Dates Expense Monthly Cost Annual

1A $500 $6,000 140 4/30/2023 Internet $163 $1,956

1B $550 $6,600 160 Owner Unit Cleaning $238 $2,856

1C $350 $4,200 140 7/31/2022 Utilities $300 $3,600

2A $350 $4,200 140 5/30/2022 Insurance $86 $1,032

2B $500 $6,000 165 11/14/2021 (60 Day

Notice Required Thereafter)

Garbage Dis-

posal - $240

2C $500 $6,000 165 4/30/2022 Misc. $100 $1,200

2D $525 $6,300 190 8/31/2023 Snow Plowing

(estimate) - $500

2E $370 $4,440 125 5/31/2022 Real Estate

Taxes (2020) - $4,676

2F $475 $5,700 190 4/30/2023 Totals $887 $16,060

Front Desk $400 $4,800 NA 12/31/2021

Totals $4,520 $54,240

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FOR SALE

PARCEL

Commercial/Office Space

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FOR SALE

INCLUSIONS

Commercial/Office Space

Open Entry Way on 1st Floor

• Gray desk & file cabinet (currently rented)

• Glass desk

• All artwork

Open Sitting Room

• Two gray chairs

• Glass tabletop & tabletop base

• Red sectional sofa

• All artwork & accessories

Printer Area

• Brother printer

• Keurig coffee machine

• Simplehuman trash can

• All artwork

• All office supplies/accessories

Conference Room

• Samsung TV, mount and Sonos soundbar

• Granite conference room table & 4 chairs

• Howard miller clock, all accessories & artwork

• Black stainless mini fridge & Keurig coffee machine

• Whiteboard and markers

Bathroom

• All bathroom accessories

2nd Floor Common Area

• Pub table & 3 chairs

• Clock on the wall

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262.490.3611

FOR SALE

INCLUSIONS (Continued)

Commercial/Office Space

Office 1B

• Samsung TV & mount

• Samsung soundbar & subwoofer

• Gray/white desk & table

• 2 gray chairs

• All artwork & accessories on walls/desk

2nd Floor Kitchenette

• GE Fridge

• Microwave

• Toaster

• Keurig coffee maker

• All accessories & artwork

• All silverware & utensils

• Supplies in cabinets

Basement

• File cabinet (excluding tenants)

• Storage shelving and tables

• Extra supplies & materials used during remodel

• All networking equipment: router, switch, range extenders

Exterior Front

• 10-unit mailbox & keys

• Ring Security doorbell

Exterior Back

• Ring Security doorbell

Online

• Domain names & website

• Editable signage files

• Exterior for lease signs

• Google My Business Page

• Dedicated phone number

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262.490.3611

FOR SALE

DEMOGRAPHICS

Commercial/Office Space

2 Mile 5 Mile 10 Mile

2021 Population 17,328 35,659 90,375

Median Age 41.3 43 43.9

2021 Households 6,950 13,832 34,215 Avg. Household Income $105,962 $119,549 $126,400

Median Home Value $290,301 $339,620 $362,265

2 Miles 5 Miles

10 Miles

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