41 Park Ridge Dr Stevens Point, WI 54481
- Medical offices
- 11,000 SF
Current Use by Public Records
- Community Industries Pallet / Industrial Equipment Supplier
Property Details for 41 Park Ridge Dr
- Property size
- 11,000 SF
- Property type
- Medical offices
Description
This two-story, 11,000-square-foot brick office building in Stevens Point, Wisconsin, presents a compelling value-add investment opportunity. Located on Highway 10, it benefits from a high-traffic corridor. The lower level is currently leased on a long-term basis, providing a steady income stream with landlord termination rights. Approximately 6,000 square feet of space is available for lease, creating significant potential for owner-occupancy. The existing tenant helps offset expenses, making this a financially attractive proposition. The asking price is $775,000, translating to $70.45 per square foot. The building currently has a 45% occupancy rate. This property is offered as an owner-occupied opportunity and is classified as a traditional office and medical office building. The address is 41 Park Ridge Dr, Stevens Point, WI 54481.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Stevens Point
- County
- Portage
- State
- Wisconsin
- Longitude
- -89.545522041923
- Latitude
- 44.52322839162
