130 Church St Columbus, WI 53925

Property Details for 130 Church St

Lot size

0.41 lot acres

Property type

Commercial real estate

APN

11211-233

APU

11211233

Description

This fully occupied, multi-tenant industrial property in Columbus, WI, offers 18,000 square feet across a 0.383-acre lot. Strategically located near the Highway 151 and Highway 73 interchange, the property boasts six tenants with diverse unit sizes under modified gross leases ranging from one to three years, most including renewal options and annual escalations. Building components constructed between 1930 and 2020 feature a wood frame with a concrete foundation. The property includes public parking and 3-phase, 208-volt electrical service. Tenant responsibilities encompass separately metered utilities, in-suite maintenance, contents, and liability insurance. Landlord responsibilities include roof, structural components, exterior and interior common walls, plumbing, electrical, HVAC systems, snow removal, landscaping, stormwater management, building insurance, and real estate taxes. The property is zoned IL – City of Columbus and features a 2022 real estate tax assessment of $4,436. The asking price is $495,000, representing a price per square foot of $27.50. This presents a compelling investment opportunity due to its high occupancy rate, diverse tenant base, and prime location.