814 Main St Holmen, WI 54636
- Office Properties & Spaces
- 3,400 SF
- 0.59 lot acres
Current Use by Public Records
- Lowman Family Dental / Dentist
- Optical Fashions Eye Care Clinic Holmen / Optometrist
- Premier Spine Health & Injury / Chiropractor / Pain Management Physician
- Dr. Andrew Jones / Chiropractor / Practitioner Service Location
- David Lowman / Dentist
Property Details for 814 Main St
- Year built
- 2018
- Lot size
- 0.59 lot acres
- Property size
- 3,400 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional investment opportunity features two professional condominium office suites totaling 3,400 square feet in Holmen, Wisconsin. Located at 814 S Main St, this single-story, 2018-built building boasts 100% occupancy with two tenants. The main unit (2,463 sq ft) is available for immediate occupancy, while the second unit (916 sq ft) is leased to a financial services firm on a long-term agreement. The property includes 80 parking spaces and a spacious foyer with private entry to each suite. Unit B offers a modern reception area, 11-foot ceilings, seven offices, two restrooms, a conference room, and open workspace. Unit D features a reception area, multiple offices, and a restroom. The property sits on a 0.59-acre lot and is zoned commercial. This NNN lease property offers a strong return on investment with built-in rent bumps and ease of condo expense management. The asking price is $699,900, with a price per square foot of $205.85 and a price per unit of $349,950. The lease commenced February 1, 2019, and expires September 30, 2024. This presents a unique opportunity for owner-occupancy with supplemental rental income or a purely investment-based approach.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Holmen
- County
- La Crosse
- State
- Wisconsin
- Longitude
- -91.2574
- Latitude
- 43.9578