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233 S 8th St 3,876 SF 50% Leased Office Building Medford, WI 54451 $526,127 CAD ($135.74 CAD/SF) 10% Cap Rate

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EXECUTIVE SUMMARY

Cap rate is not accurate at 10%. Only 1 unit of building under lease agreement. Other unit is vacant. Each section is approx. 2000 Sq Ft. Current tenant pays $1690.00 per month, plus all utilities. (verbal lease agreement)

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $28,086 $7.25
Other Income - -
Vacancy Loss - -
Effective Gross Income $28,086 $7.25
Taxes $7,916 $2.04
Operating Expenses - -
Total Expenses $7,916 $2.04
Net Operating Income - -

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual $28,086
Annual Per SF $7.25
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $28,086
Annual Per SF $7.25
Taxes (CAD)
Annual $7,916
Annual Per SF $2.04
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $7,916
Annual Per SF $2.04
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,876 SF
Building Class
C
Year Built
1975
Price
$526,127 CAD
Price Per SF
$135.74 CAD
Cap Rate
10%
NOI
$52,613 CAD
Percent Leased
50%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,876 SF
Building FAR
0.16
Lot Size
0.57 AC
Zoning
Commercial - Building Class- B-Commercial Land Class- B-Commercial
Parking
25 Spaces (6.45 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Fidelity Insurance Agency
  • Finance and Insurance
  • -
  • -
  • -
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -

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TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Fidelity Insurance Agency Finance and Insurance - - -
Professional, Scientific, and Technical Services - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
251-00938-0001
Land Assessment
$69,907 CAD
Improvements Assessment
$316,407 CAD
Total Assessment
$386,315 CAD
Annual Taxes
$7,916 CAD ($2.04 CAD/SF)
Tax Year
2024
  • Listing ID: 37786950

  • Date on Market: 2025-09-23

  • Last Updated:

  • Address: 233 S 8th St, Medford, WI 54451

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