AUCTION! Sealed bids due 4 pm June 24. Assessed value of $1.7 MM. Minimum opening bid of $595,000. Iconic 60,000 SF Madison-area office building has lake view, inviting atrium, underground parking, exercise room with racquetball/basketball court, shared conference & break room. Some suites have private terrace or deck with lake & woodland views. Current tenants generate $199,000 annual income. Additional 14,000 SF available to rent for added revenue. Owner has invested in many recent upgrades and repairs. Terms: Minimum bid is not actual sales price. Actual sales price will be determined by highest sealed bid & is subject to seller confirmation. 10% buyers premium added to high bid to determine total contract price. Must close by 8-8-15. Property sold AS IS/WHERE IS with no warranties expressed or implied. High bid subject to seller confirmation. Non-refundable deposit of $65,000 due from high bidder upon seller confirmation. Sealed bids must be delivered to: 1325 W. Wisconsin Street, Portage, WI 53901 By 4 PM June 24, 2015.
OFFICE BUILDING FOR AUCTION JUNE 24, 2015
Ended: June 24, 2015
- Auctioneer: Travis Hamele
