1195 Summit Ave, Oconomowoc WI 53066-4494 $1,450,000

1195 Summit Ave, Oconomowoc 1.1 Acres $1,450,000 Active

  • Commercial/Industrial
  • Status: Active
  • Est. Square Footage: 10,014
  • Est. Year Built: 1997
  • Est. Acreage: 1.1
  • County: Waukesha
  • Property Taxes: $22,408
  • Property Tax Year: 2017
  • Postal Municipality: Oconomowoc
  • MLS#: 1561891
  • Listing Company: Johnson & Hellekson Real Estate, Llc
  • Price/SqFt: $144

1195 Summit Ave Oconomowoc WI 53066-4494 - LOCATION! LOCATION! LOCATION! Approx 10,000 SF strip center located in the ''gateway'' of Oconomowoc between the thriving downtown and the I-94 Pabst Farms corridor. Property is situated next to Culver's at a newly constructed controlled intersection along a new 6 lane road (Summit Ave/Hwy 67). Ideal spot for an owner occupant / investor. Several tenants have been here long term. Only one spot (1214 SF) is available and when rented pushes the CAP rate over 8% with upside rent potential. NNN leases.THERE ARE FEW QUALITY INVESTMENT PROPERTIES AVAILABLE. EVEN FEWER THAT MAKE $EN$E.

Additional Features
  • None
  • Heating/Cooling: Central Air, Forced Air, Natural Gas
  • Water Waste: Municipal Sewer, Municipal Water
  • Roof: Rubber
  • Waterfront/Access: N
Property History
MLS Number New Status Previous Status Activity Date New List Price Previous List Price Sold Price DOM
1561891 Active Dec 29 2017 11:36AM $1,450,000 161
1551863 Active Sep 22 2017 2:25PM $0 509

Estimated Monthly Payment

$3,287 per month
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Rates and fees are subject to adjustments based on your credit score and the loan-to-value ratio. Rates and fees are also subject to change without notice. Other rates and loan programs are available.
All applications are subject to current underwriting guidelines and credit approval. EHL NMLS#280412

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