709 S Main St
Westby, WI. 54667

Listing Broker: eXp Realty LLC
Showing Broker: Milwaukee Realty Inc. (414-975-9059)
Schedule Showing: 414-224-7200
Condominium: Commercial

$1,100,000   |   Beds   |   0 Baths   |   15,000 Sqft.                      
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Directions: South on HWY 14 take a left when you see River Bank

Days on Market:
85
MLS #:
1973590
Listing Price:
$1,100,000
Taxes:
$11,000 in 2024
Lot Size:
4.50 acres
Total SQFT:
15,000 Square Feet
Price Per SQFT:
$73.33 / SQFT
# Rooms:
Rooms
Bedrooms:
Bedroom
Bathrooms:
Full + Half
Year Built:
0
Garage Spaces:
0 Spaces
Garage Type:
Municipality:
in Westby WI.
School District:
School District
County:
in Vernon County WI

New steel roofs installed on all buildings! Rare opportunity to acquire a well-maintained 123-unit self-storage facility with tremendous value-add potential on 4.5+/- acres! The property is in very good physical condition, but the current owner has not had the time to actively manage the facility or maximize rental income. A new owner with strong operational focus can unlock significant cash flow through market-rate rents and improved management--creating substantial instant equity. Based on projected market rents and estimated operating expenses, the property offers an estimated PRO FORMA 9.68 perc cap rate. Nearly 2 acres of green space to build more units! A quality asset with exceptional upside that's becoming increasingly difficult to find. Property sold AS IS.

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Listing Broker: eXp Realty LLC.
Offering Broker: Milwaukee Realty Inc.
Schedule Showing: 414-224-7200

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