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Listed by Humbled Hands Real Estate
$1,100,000
Est. payment /mo
9,260 SqFt
UPDATED:
Key Details
Property Type Commercial
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
Acres 0.08
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
Rooms
Basement Full
Interior
Heating Forced Air, Natural Gas
Cooling Forced Air, Natural Gas
Flooring No
Exterior
Exterior Feature Brick
Garage Spaces 8.0
Roof Type Composition
Building
Water Municipal Sewer, Municipal Water
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