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1220-1248 Prospect Common Sun Prairie, WI $ 2,975,000
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$ 2,975,000 Get more info
1220-1248 Prospect Common
$ 2,975,000
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1220-1248 Prospect Common

Sun Prairie, WI, 53718
$ 2,975,000
Baths0.0 Sq 18,640

Monthly Estimate*

$ 20,781

Listed by Assist 2 Sell Homes 4 You Realty
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Studio

Commercial Property for sale in Sun Prairie, WI

for $2,975,000. This 18,640 square foot building was built in 2007.

This property provides a rare opportunity for an investor or developer. Each unit is spacious and includes private entry, private garage and finished basement. Buyer can opt to hold this as income property or may be able to potentially sell the units as individual condos. All units are individually metered and have been impeccably maintained w/many updates. See list of improvements. Lease end dates for additional units: 1236-5/24 ($1925), 1240-7/24 ($1925), 1244-6/25 ($2025). 1248 is owner-occupied (rent est. $2200). Units are considered to be identical floor plan and square footage is estimated at 2330 per unit. Other units in the area are renting as high as $2,200. Square footage estimated and should be verified by buyer if essential.

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Commercial Contingent

Price

$ 2,975,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 28,835

Style

Apartment building

Year Built

2007

Town/City

Sun Prairie

County/Region

Dane

MLS | Web ID

1975226
Features
General
Lease Type Annual
Roof Composition
Zoning res income
Occupancy Tenant(s)
Tenant Pays Heat Air Conditioning Electric Water Sewer
County Dane
Miscellaneous Internet - Cable
Class Business/Comm
Present Use Apartment building
Net Income 113894
Location Residential area Corner Near Major Highway Near public transportatn
Tax Year 2022
Gross Income 192900
Fuel Natural gas
Status Offer-Show
Year Built 2007
Directions From U.S. 151 exit north on Reiner Rd. Turn left on Prairie Lakes Dr. and continue straight onto Triumph Dr. Turn left onto Prospect Commons.
City Sun Prairie
Street Name Prospect
DOM 20
Price Per Sq Ft 159.6
Open House Date No
County Qtr Section Dane NE
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Interior
Basement Full Poured concrete foundatn
Total Number of Units 8
Heating/Cooling Forced air Central air
Stories 2
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Exterior
Exterior Brick Vinyl Fiber cement
Lot Size Area 0.57
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* Excluded Features
List By
Assist 2 Sell Homes 4 You Realty

Broker

(608) 225-5954

Phone

fpohlkamp@gmail.com

Email

Affordability Calculator

$23,184
Per Month
90%
10%
0%
Monthly Principal & Interest
$20,781
Monthly Property Taxes
$2,403
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1568291 Elementary School
1568554 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/18/2024$2,975,000 Listed Price

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1220-1248 Prospect Common, Sun Prairie, WI, 53718 is a Commercial Property for sale at $2,975,000 with 18,640 sqft. 1220-1248 Prospect Common is a studio with 0.0 baths and was built in 2007. The property's zip code is 53718 which is in Sun Prairie, WI

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