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5819 Tower Ave

3,200 SF 100% Leased Office Building Superior, WI 54880 $418,154 CAD ($131 CAD/SF)

Office Space Wisconsin Superior 5819 Tower Ave, Superior, WI 54880

Investment Highlights

  • South End Investment Property for sale.

Executive Summary

Mixed Use building with Commercial zoning. Main floor retail space, 2 BR/1 BA Apartment on the 2nd floor. Main level also features an approximately 1000 SF space that is partially remodeled but would need to be finished and licensed by the new owner. Opportunity Awaits!!

Attachments

Marketing 5819 Tower Ave

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $51,029 $15.95
Other Income - -
Vacancy Loss - -
Effective Gross Income $51,029 $15.95
Taxes $4,252 $1.33
Operating Expenses $4,252 $1.33
Total Expenses $8,505 $2.66
Net Operating Income $42,524 $13.29

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $51,029
Annual Per SF $15.95
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $51,029
Annual Per SF $15.95
Taxes (CAD)
Annual $4,252
Annual Per SF $1.33
Operating Expenses (CAD)
Annual $4,252
Annual Per SF $1.33
Total Expenses (CAD)
Annual $8,505
Annual Per SF $2.66
Net Operating Income (CAD)
Annual $42,524
Annual Per SF $13.29

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,200 SF
Building Class
C
Year Built
1950
Price
$418,154 CAD
Price Per SF
$131 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,600 SF
Slab To Slab
10’
Building FAR
0.92
Land Acres
0.08 AC
Zoning
C2 - Highway Commercial
Parking
2 Spaces (0.63 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Signage
  • Basement
  • Central Heating
  • Partitioned Offices
  • Air Conditioning

Links

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PROPERTY TAXES

Parcel Number 08-808-00027-00 Total Assessment $195,496 CAD
Land Assessment $14,683 CAD Annual Taxes $4,252 CAD ($1.33 CAD/SF)
Improvements Assessment $180,813 CAD Tax Year 2023

PROPERTY TAXES

Parcel Number
08-808-00027-00
Land Assessment
$14,683 CAD
Improvements Assessment
$180,813 CAD
Total Assessment
$195,496 CAD
Annual Taxes
$4,252 CAD ($1.33 CAD/SF)
Tax Year
2023
(218) 310-0013

  • Listing ID: 32409345

  • Date on Market: 2024-07-10

  • Last Updated:

  • Address: 5819 Tower Ave, Superior, WI 54880

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5819 Tower Ave
(218) 310-0013 x

5819 Tower Ave

Greg Follmer

(218) 310-0013

(218) 310-0013

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