101 S Ludington STREET #105 Active

Columbus,WI 53925

$ 1100000

- Bed

- Bath

9260 SqFt


Key Details

Property Type Commercial

Sub Type Office(s)

Listing Status Active

Purchase Type For Sale

Square Footage 9,260 sqft

Price per Sqft $118

MLS Listing ID 1927097

Year Built 1865

Annual Tax Amount $6,808

Tax Year 2024

Lot Size 3,484 Sqft

Property Sub-Type Office(s)

Property Description

Excellent Class-C opportunity to own in a low taxed area, featuring 8 individually sized 1bd apartments with high vaulted ceilings and ample natural light, along with 2 versatile commercial spaces. 101 S Ludington St sits on the main streets of Columbus with great foot traffic and visibility. Nearly all of the residential apartments have seen some form of upgrading, with 2 units seeing full renovation. This leaves value add opportunity to seek top market rents for the savvy investor. The commercial spaces have a tattoo parlor on a 4 year step lease, and the other owner occupied golf simulator & office space willing to sign a 2-3 year lease at market to absorb a fantastic return opportunity and ease the transition for new ownership. Schedule your tour today!

Location

State WI

County Columbia

Zoning Commercial

Interior

Heating Natural Gas

Cooling Forced Air

Inclusions 1 washer & 2 dryers, 8 refrigerators, 8 stoves

Exterior

Exterior Feature Brick,Brick/Stone

Garage Spaces 8.0

Parking On Site 8

Roof Type Composition/Fiberglass

Building

Story 3

Sewer Municipal Sewer,Municipal Water

New Construction N

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