Live/Work Duplex with Retail or Office / Development Site
$525,000
803-805 N Main, Verona, WI 53593
4.15
Cap Rate
20,520
NOI
Details:
Highlights:
- Investment or redevelop this corner
- Current use residential duplex
- 100 units Oakmont Senior Housing approved next door
- Zoned Neighborhood Office
- Across from Badger Middle School
Description:
Recent changes in Verona zoning rules open up this leased investment property to other possibilities. Buy as a leased investment and then redevelop the site when you're ready. This duplex on a corner lot is zoned Neighborhood Office and is perfect for redevelopment. Duplex includes one 3-bedroom and one 2 bedroom apartments, with basement space and lower level 2 car garage. Each unit has washer/dryer and appliances. Tenants' pay water/sewer, gas and heat. Adjoining 3.4 acre site at 841 N Main has just been redeveloped with 100 unit Oakmont Senior Housing.
Corner of Llanos St. on N Main St (County M)
Across from Badger Middle School and near Verona High School.
Corner lot, mostly flat, situated across from Badger Middle School
Abbreviated legal description:
LOT 1 CSM 10212 CS60/10&11-10/17/2001 F/K/A LOTS 1 & 2 CSM 4168 CS17/260&261-8/1 2/83 DESCR AS SEC 15-6-8 PRT NW1/4NE1/4 (0.458 ACRES INCL R/W) TOG W/DRIVEWAY AG RMT IN DOC #3880346
Documents:
| Title | ||
|---|---|---|
| Sale_Brochure.pdf |
Location
Gallery
