601 Main Street

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601 Main Street

Stevens Point, WI 29582
Asking Price
$3.00M
Asset Type
Traditional Office Office
Class
Class B

What's Special

Office | 19,274 SqFt <p>Former Chase Bank branch and offices now available for purchase. The building is a two-story brick-faced office building with an adjacent drive-thru teller building with seven customer lanes.</p><p>The interior of the building has a Chase Bank retail branch on the first floor and various office suites on the second floor along with a common area break room and deck aera overlooking the Wisconsin River.</p><p>The property lies within Tax Increment Finance (TIF) District No. 10. It was establis

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NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.90%
Monthly Payment
$14,842.363
Annual Cash Flow
$-98,108.358

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