055 Property Details

055 Property Details

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Phillips Office: 715.339.2181 | 800.569.8137 | phillips@birchlandrealty.com | Listing Agent: tom@birchlandrealty.com

Turn Key Investment-Create your own retirement Fund! This Post Office building located in downtown Ogema on the east side of Hwy. 86 has three rental units. The two residential apartments with reasonable rent and the commercial unit - Ogema Post Office, has been owned by the same owner for 19 years, has history of long term renters. Cash flows could pay off the building in 7 years or less as is. This is an excellent investment opportunity for someone getting into commercial rental at a very reasonable price for $59,000! (12-34-1E)

Property Details
Description Commercial Investment Opportunity!
Address W4997 State Hwy. 86, Ogema, WI 54459
Price $59,000 Property Number 055
Commercial Type Rental, commercial & residential Lot Size 0.138 Acre
Construction Stick built & brick. Roof Shingles, New in 2014
Water/Sewer City Water & shared well Foundation Poured, Full basement
Heating NG, Hydronic Hot water Electric 2 services- 100 amps
Zoning Commercial-Industrial District Living Quarters Yes-1023 sq.ft.
Taxes $1,006.60 (2017)
Computer No. 16275
Additional Comments

(Precour Inc/TH) Post office building in the heart of Ogema. Property is being sold "as is". Built in 1940. P.O. office lease is a 5 year lease. Residential apartments are 1 year leases. MLS#171078

Legal Descriptions

Ogema Plat Lot 6, Block 1 except E 75' of the N 20'. Section 12, Township 34 North, Range 1 East.

Directions

From Phillips office, go S on Hwy. 13 to East on Hwy. 86 follow thru Ogema property on main street on East side.

This information is approx. and subject to errors, omissions, change or prior sale, and is provided for your convenience and should not be relied upon in lieu of an inspection of the property. Some of the information may have been obtained from the seller, or other source deemed reliable, but has not been independently verified by the broker.