Single-Tenant Industrial Building in Milwaukee, WI- $650,000

Property Description

This 34,860 SF office/manufacturing building is unbelievably priced at only $18.65/SF!  It is well located with two freeway interchanges located approximately 1 mile away (I-41/Appleton Avenue & I-41/Silver Spring Drive). This property also provides an excellent opportunity for conversion to a self-storage use. The building is situated on a large 4.35 acre parcel.  Only 50% of the site is currently utilized. Therefore, the property includes surplus land that offers room for outdoor storage and/or building expansion. The improved portion includes a massive 108-stall parking lot.  It includes excellent on-site truck maneuverability. The building improvement is 100% air conditioned and includes both grade level and dock high loading docks.  It is currently built-out with 11,730 SF of warehouse and 23,130 SF of office space.  The building is served by 3-phase power (800 Amp/240 Volt) and has a ceiling clear of 11’ to 12’.  It includes a back-up Kohler power system as well as a freight elevator.  The improvement was originally constructed in 1955 and later expanded in 1962.  It later underwent a significant renovation in 1985.

Details