275 Laing StRedgranite, WI 54970

  • Commercial real estate
  • 1.01 AC
For Lease
$11.50/SF/YR View listing

Property Details for 275 Laing St

Lot size
1.01 AC
Property type
Commercial real estate
APN
176-01772-0453
APU
176017720453

Description

This exceptional retail property, located at 275 Laing Street, offers a substantial 12,707 square feet of space on a 1.01-acre lot. Currently vacant, this single-tenant building presents a unique opportunity for a business seeking a prominent location. The property is ideally suited for a variety of retail uses, given its size and ample parking potential afforded by the large lot. The building's entire footprint is available for lease, providing significant flexibility for tenant build-out and customization. The property features a current sublease agreement expiring February 29th, 2032, with a gross rate of $11.50 per square foot. This lease rate provides a strong foundation for future lease negotiations. The expansive lot size offers significant potential for outdoor displays, landscaping, or additional development, depending on the tenant's needs and local zoning regulations. This property's size, location, and current lease terms make it an attractive investment for a discerning business seeking a high-visibility retail presence. Interested parties are encouraged to inquire for further details and to schedule a viewing. The property is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $9,128,786
    Hospitality
    $8,361,919
    Educational
    $6,957,018
    Medical
    $7,196,281
    Retail
    $10,822,028
275 Laing St, Redgranite, Wisconsin

Location Insight

City
Redgranite
County
Waushara
State
Wisconsin
Latitude
44.0396
Longitude
-89.0936

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$15,520
$31,000
$594,000
$625,000
-
$44,318
$849,182
$893,500

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