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2425 New Pinery Rd
Portage, WI 53901

$575,000 USD

Loft Creative Space For Sale  •  6,500 SF

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 6,500 SF
  • Lot Size 0.66 AC
  • Building Class B
  • Year Built 2004
  • Cap Rate 8.44 %
  • Tenancy Multiple
  • Zoning Commercial
0 Transit Score
48 Walk Score

Highlights

Fully Leased Building
Heavy Trafficked corner- North Side location
Large Parking Lot

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $50,353 USD (2023)
Cap Rate: 8.44 %
Total Expenses: $16,518 USD

Amenities

  • 24 Hour Access
  • Central Heating
  • Natural Light
  • Drop Ceiling
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Portage (Empire Builder - Amtrak) 2 min 20 min 1.0 mi
AirportDriveWalkDistance
Dane County Regional/Truax Field 45 min - 35.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Melissa Kirk 608-617-0413 MK Realty LLC
Melissa Kirk 608-617-0413 MK Realty LLC