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Property profile & analytics
OFF-MARKET
Commercial real estate

625 Washington St Lancaster, WI 53813-1055

0.22 ac lot
Entity Owned 5-yr Hold Free & Clear
Property ID
US92-2178886
Property summary
AI-generated overview

This exceptional commercial property, located at 625 N Washington Street in Lancaster, Wisconsin, presents a unique investment opportunity. The main building, a substantial 3,700 square foot structure (40' x 40'), boasts modern amenities including central air conditioning, a furnace, in-floor heating, and on-demand hot water. A full bathroom equipped with a washer, dryer, and mop sink adds to its practicality. The floor drains are a significant advantage for various commercial uses. Situated on a 0.22-acre lot, this property offers ample space and potential. Behind the main building are three cold storage/warehouse bays, providing additional revenue streams. One of these bays is equipped with an oil furnace, enhancing its functionality and appeal to potential tenants. Currently, all three cold storage bays are occupied by tenants, generating immediate income potential. The property is priced competitively at $275,000, representing a strong return on investment for a discerning buyer. This versatile property is ideal for a variety of commercial ventures, offering a blend of office space and substantial storage capabilities. Its prime location in Lancaster, Wisconsin, ensures excellent visibility and accessibility. Don't miss this chance to acquire a well-maintained and income-producing commercial property.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.22 ac (9,750 SF)
APN 246-01204-0000
UPID US92-2178886
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • bm small engines llc Hardware & Home Improvement General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
River Bottom Investments LLC · 5 yrs held
River Bottom Investments LLC
since 2021
1 recorded transaction
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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