628 Cross St Beloit, WI 53511
This exceptional commercial property at 628 Cross Street, Beloit, Wisconsin, presents a rare opportunity to acquire a well-established local business with significant assets. The expansive 11,761 square foot building sits on a 0.27-acre lot, offering ample space for a variety of uses. Included in the sale are numerous tools and toolboxes, significantly enhancing the value and operational readiness of the business. Two Toyota Prius vehicles, currently utilized in the daily operations, are also part of the sale, providing immediate transportation solutions. The property features a dedicated area specifically designed for automotive repair, a valuable asset in the heart of Beloit. The current owners are retiring but intend to maintain business operations until the sale is finalized, ensuring a smooth transition for the new owner. This turnkey opportunity combines a substantial building, established clientele, and valuable equipment, making it an ideal investment for an entrepreneur seeking a profitable and established business. The property's prime location in Beloit offers excellent visibility and accessibility, further enhancing its appeal. The asking price is $375,000. This is a unique chance to acquire a thriving business with significant potential for growth and expansion. Don't miss this exceptional opportunity.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.