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Property profile & analytics
OFF-MARKET
Warehouses

628 Cross St Beloit, WI 53511

11,580 SF 0.27 ac lot Built 1940
Individually Owned 20-yr Hold Free & Clear
Property ID
US92-0617365
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1940
Total area 11,580 SF
Lot 0.27 ac (11,631 SF)
APN 13530490
UPID US92-0617365
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
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
Eugene R Kaye JR · 20 yrs held
Eugene R Kaye JR
since 2005
1 recorded transaction
2005
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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