11 Marshall St, Rice Lake, WI 54868
10,400 SF | 100% Leased | Office Building | Rice Lake, WI 54868 | $960,000 ($92/SF) | 8.82% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $960,000
- Property Type
-
Office
- Square Feet
- 10,400 SF
- Price / Square Foot
- $92
Listing Contacts
Charles Feather
Verified Profile
- Property Info
Property Overview
Professionally remodeled top to bottom in 2018. This former City Hall building features 7 private suites in 8,512 net square feet. Suites range from 485 SF to 3,000 SF and with 35 off-street parking spaces for employees and customers. List of tenants include family care, salon, CPA firm, engineering form WEAC and wellness councilor. The building is located in the Rice Lake Central Business District adjacent to Sterling Bank and the Rice Lake Library.
Property Details
- Class
- B
- Year Built/Renovated
- 1968/2018
- Stories
- 2
- Property Subtype
- Medical, Showroom, Storefront Retail/Office
- Lot Size (sq. ft)
- 8,712 SF
Highlights
- Showstopper in the middle of the downtown area
- Beautifully remodeled into a beautiful stately brick building
- 100% occupied, easy to lease, great 1031 acquisition
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