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1407 N 8th St
Sheboygan, WI 53081

$250,000 USD

Medical Condos For Sale • 1,148+ SF

Property Details

Property Type Medical
Total Building Size 12,272 SF
Lot Size 0.63 AC
Building Class C
Year Built 1974
Tenancy Multiple
Zoning NO

0 Transit Score

90 Walk Score

2 Units Available

Name	Condo Use	Size	Price
2nd Floor - Unit 5 (Ste 203	Office	1,208 SF	$250,000 USD
Unit Size: 1,208 SF Condo Use: Office Price: $250,000 USD Sale Type: Investment or Owner User Price/SF: $206.95 USD Description Attn. Investors! Only a seller relocation makes this one available. Long-term tenants with leases in place (who want to stay). Units 5 and 6 are to be sold together as a package. Modern and updated offices with solid tenants. Convenient location close to downtown with a large parking lot. These turnkey units are rented and ready for their new owner—no work is required. Sale Notes Total Monthly expense for both units - $1218.40 2023 Property Tax for both units - $2996.72 2023 Commercial property insurance for both units - $935 Unit 5 (203) Unit 5 (203): Rented to Great Lakes Clinic; It is 14.95% of the entire building Unit 5 (203): Current Rent - $1805.50 per month Unit 5 (203): Current lease is till 07/30/2027 but is expected to extend 3 more years recurring. Unit 5 (203) shows weekday business hours only Unit 6 (204) Unit 6 (204): Rented to WI Advisors, It is 10.17 % of the entire building Unit 6 (204): Current Rent - $1143 per month Unit 6 (204): Current lease is until 12/31/2026, but it is expected to be extended for 3 more years recurring. Unit 6 (204) shows on weekends only.
2nd Floor - Unit 6 (Ste 204	Office	1,148 SF	Price Upon Request
Unit Size: 1,148 SF Condo Use: Office Price: Price Upon Request Sale Type: Investment or Owner User Description Attn. Investors! Only a seller relocation makes this one available. Long-term tenants with leases in place (who want to stay). Units 5 and 6 are to be sold together as a package. Modern and updated offices with solid tenants. Convenient location close to downtown with a large parking lot. These turnkey units are rented and ready for their new owner—no work is required. Sale Notes Total Monthly expense for both units - $1218.40 2023 Property Tax for both units - $2996.72 2023 Commercial property insurance for both units - $935 Unit 5 (203) Unit 5 (203): Rented to Great Lakes Clinic; It is 14.95% of the entire building Unit 5 (203): Current Rent - $1805.50 per month Unit 5 (203): Current lease is till 07/30/2027 but is expected to extend 3 more years recurring. Unit 5 (203) shows weekday business hours only Unit 6 (204) Unit 6 (204): Rented to WI Advisors, It is 10.17 % of the entire building Unit 6 (204): Current Rent - $1143 per month Unit 6 (204): Current lease is until 12/31/2026, but it is expected to be extended for 3 more years recurring. Unit 6 (204) shows on weekends only.