20 FOREST AVE
FOND DU LAC, WI 54935

  • $2,000,000.00
  • 29646 Square Feet
  • MLS # 50247787
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Listed by: Keller Williams Green Bay


Investor alert on this high returning investment opportunity. 5 spacious commercial units in the main and 1 large over 6,000sqft commercial unit opportunity in the lower level. 34 residential rental units in the upper levels. Proforma is a $150k NOI. Sale price is based on a 7.5% cap rate. New tenants are being enrolled in RUBS. Seller willing to offer $300,000 seller credit for capital expenditures upon successful closing.

Directions

Travelling South on N Main St, Right on W Merrill Ave, Left on S Macy St, Left to Building

FEATURES

  • Muni.
  • Village of North Fond du Lac
  • # Units:
  • 40
  • Total Sq Ft:
  • 29646
  • Taxes (2020):
  • $18,618.00
  • Est. Acreage:
  • 0.14 Acre
  • Lease:
  • No
  • Age/Year Built:
  • 1929
  • County:
  • Fond du Lac
  • Zoning:
  • commercial

UNITS

AMENITIES

  • Exterior:
  • Brick
    Stone
  • Misc. Interior:
  • sellers personal property
  • Type:
  • Commercial/Industrial
  • Heating/Cooling:
  • Central A/C, Hot Water/Steam
  • Waste:
  • Municipal Sewer
  • Water:
  • Municipal Public Water
  • Waterfront:
  • No
Fond du Lac

Local Weather for: Fond du Lac, WI 54935

AREA SCHOOLS for: Fond du Lac, WI 54935

  • School
  • Type
  • Grades
  • # Students
  • Faith Christian Academy
  • Private
  • K-12
  • 25
  • Faith Luthern School
  • Private
  • K-8
  • 36
  • SAGES
  • Public Charter
  • K-7
  • 124
  • St Mary Elementary School
  • Private
  • PK-8
  • 64
  • St Matthew Elementary School
  • Private
  • PK-8
  • 107
  • St Peter's Lutheran school
  • Private
  • Pk-8

Demographic Data for: Fond du Lac, WI 54935

  • Population (2014): 42,917
  • Households (2014): 18,271
  • Persons per Household (2014): 2.2
  • Median value of owner-occupied housing units (2014): $123,500
  • Median Household Income (2014): $45,914
Age
  • Persons under 5 years (2012)
  • 05.8%
  • Persons under 18 years (2012)
  • 22.3%
  • Persons 65 years and over (2012)
  • 15.7%

Education

  • High school graduate or higher, age 25+ (2014)
  • 89.8%
  • Bachelor's degree or higher, age 25+ (2014)
  • 22.1%

Business (Fond du Lac County)

  • Total Employer establishments (2013)
  • 2,365  1
  • Total employment (2013)
  • 40,881