Office Unit with Skylit
For Sale
$215,000
222 Christy Street, Amherst, WI 54406
Commercially zoned space includes private offices, a waiting area, and an unfinished lower level.
Property Size1,344 SF
Price / SF$159.97
Days on Market183
Property Features for 222 Christy Street
General Information
Standard status
Active
Size
1,344 SF
Property subtype
Commercial
Additional Details
Tenant in Place
Yes
Building Details
Building Size
1,344 SF
Listing Agency:
The Legacy Group
(715) 544-5454
Listed By:
The Legacy Group
(715) 572-2053
Source:
Freedom-choice
Added: May 1
Changed: Oct 29
Last Checked: Oct 26 at 3:56AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Legacy Group
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Investment Insights
Based on property information with market context.
This 1,344-square-foot office property, built in 1988, has a main-level reception area with a front desk, vaulted ceilings, and a skylight. Five private offices and two half baths are also on the main floor. The lower level is unfinished and offers space for a future build-out, with the possibility of a walk-out design.
Located at 222 Christy Street in Amherst, the property is zoned Commercial. A lease is in place through the end of December. The owner pays property taxes and property insurance; tenants are responsible for renters insurance, water, utilities, lawn care, and snow plowing.
Located at 222 Christy Street in Amherst, the property is zoned Commercial. A lease is in place through the end of December. The owner pays property taxes and property insurance; tenants are responsible for renters insurance, water, utilities, lawn care, and snow plowing.
Key Highlights
- 1,344‑square‑foot office property built in 1988
- Five private offices and two half baths on the main level
- Reception area features a front desk, vaulted ceilings, and a skylight
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,548
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,960
$251.0K
Cap Rate 7%
$179,257
$179.3K
Cap Rate 9%
$139,422
$139.4K
Market Conditions
NOI Build-Up for 1,344 SF
Gross rent
$21.5K $15.96/SF
− Vacancy
−$4.7K −$3.51/SF
EGI
$16.7K $12.45/SF
− OpEx
−$4.2K −$3.11/SF
NOI
$12.5K $9.34/SF
Area
Portage County, WI
Vacancy
22.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,960
Cap Rate 7%
$179,257
Cap Rate 9%
$139,422
Alternative Uses
Best Use
Office B
$179.3K
$156.9K – $209.1K
NOI $12,548 @ 7.0% cap · market cap 5.84%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$261.6K
$228.9K – $305.2K
NOI $18,309 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
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Business Placement
Demographics for 54406, WI
3,647
Population
1,776
Households
2.1
Avg Household Size
43
Median Age
31%
College-Educated
97%
High-School Grad
66.4 sq mi
ZIP Area
55
Density / Sq Mi
$76,445
Median Household Income
$39,615
Median Earnings
$858
Median Rent
$267,300
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Commercially zoned space includes private offices, a waiting area, and an unfinished lower level.
Where is this office unit located?
The property is located at 222 Christy Street Amherst, WI.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: 1,344‑square‑foot office property built in 1988; Five private offices and two half baths on the main level; Reception area features a front desk, vaulted ceilings, and a skylight
