$393,500
$440,000
10.6%For more information regarding the value of a property, please contact us for a free consultation.
432 PROSPECT AVE North Fond Du Lac, WI 54937
0.94 Acres Lot
Key Details
Sold Price $393,500
Property Type Commercial
Sub Type Real Estate
Listing Status Sold
Purchase Type For Sale
Municipality Village of North Fond du Lac
MLS Listing ID 50319559
Sold Date 04/03/26
Year Built 1996
Annual Tax Amount $8,332
Lot Size 0.940 Acres
Acres 0.94
Property Sub-Type Real Estate
Source ranw
Property Description
Attention Commercial Investors! A well known Salon & Spa tenant that's already had 10 Successful Years has just agreed to a 5 Year Lease Extension that will result in an 8.12 Cap Rate starting November 1st! The property is in Great Condition and is located on Prospect Ave which is a Main Thoroughfare in North Fond du Lac. The Landlord has minimal responsibilities making this a very passive investment. The tenant pays all utilities and maintains all interior contents/fixtures. This property consists of 5 adjacent parcels totaling almost an Acre and has plenty of paved parking. The corner parcel is buildable as a future development as well which adds plenty of value to this investment. Call now for more information and lock in the Cash Flow!
Location
State WI
County Fond Du Lac
Zoning B-1
Rooms
Basement None
Interior
Heating Forced Air, Varies by Unit
Building
Foundation Slab
Sewer Public Sewer
Water Public
Structure Type Concrete
Schools
School District North Fond Du Lac
Others
Special Listing Condition Arms Length
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Copyright 2026 REALTORS Association of Northeast WI MLS, Inc. All Rights Reserved. Data Source: RANW MLS