North Fond Du Lac, WI 54937,432 PROSPECT AVE
North Fond Du Lac, WI 54937,432 PROSPECT AVE
North Fond Du Lac, WI 54937,432 PROSPECT AVE
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$440,000
Est. payment /mo
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0.94 Acres Lot
Active-No Offer

432 PROSPECT AVE North Fond Du Lac, WI 54937

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Key Details

Property Type Commercial

Sub Type Real Estate

Listing Status Active-No Offer

Purchase Type For Sale

Municipality Village of North Fond du Lac

MLS Listing ID 50319559

Year Built 1996

Annual Tax Amount $8,332

Lot Size 0.940 Acres

Acres 0.94

Property Sub-Type Real Estate

Source ranw

Property Description

Attention Commercial Investors! A well known Salon & Spa tenant that's already had 10 Successful Years has just agreed to a 5 Year Lease Extension that will result in an 8.12 Cap Rate starting November 1st! The property is in Great Condition and is located on Prospect Ave which is a Main Thoroughfare in North Fond du Lac. The Landlord has minimal responsibilities making this a very passive investment. The tenant pays all utilities and maintains all interior contents/fixtures. This property consists of 5 adjacent parcels totaling almost an Acre and has plenty of paved parking. The corner parcel is buildable as a future development as well which adds plenty of value to this investment. Call now for more information and lock in the Cash Flow!

Location

State WI

County Fond Du Lac

Zoning B-1

Rooms

Basement None

Interior

Heating Forced Air, Varies by Unit

Building

Foundation Slab

Sewer Public Sewer

Water Public

Structure Type Concrete

Schools

School District North Fond Du Lac


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O'Connor Realty Group

O'Connor Realty Group

Business | License ID: 31657-91

+1(715) 823-5144

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432 PROSPECT AVE