1625 US Highway 61 N - Industrial FOR SALE


Lancaster, WI 53813
$2,300,000 USD
608-214-6742
1625 US Highway 61 N, Lancaster, WI for Sale
$2,300,000 USD
Industrial - FOR SALE
1/43
null | Request Cap Rate

1625 US Highway 61 N
Lancaster, WI 53813


HIGHLIGHTS

  • Approximately 50% is leased to the daycare
  • Former Shopco with warehouse space and loading doc, over had doors.
  • Warehouse space for lease.
  • Ample parking available.

OVERVIEW

This 33,000 sf property established on 4.2 acres directly off of US HWY 61 boasts lots of opportunity. Unit 1 is an 18,000 sf daycare fully built out in 2024 and permitted for 150 kids. Unit 2 is a 15,000 sf warehouse area with 14'-18' ceilings, a loading doc, overhead door and 3 phase power. Seller is willing to lease the warehouse space or sell it off as an industrial condo. Seller is also willing to sell off a piece of the parking lot to a QSR or Retail Center Developer. All measurements are approximate, buyer to verify if material. There's a no compete and a first right of refusal with Gasser's Tru Value.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

140

LAND DETAILS

LAND ACRES

4.2

LAND SF

182,952

ZONING

G2

APN/PARCEL ID

246-01546-0010

ASK ABOUT THIS PROPERTY

Mitch MartyAltus Commercial Real EstateMore Info
608-214-6742

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Mitch MartyAltus Commercial Real EstateMore Info
608-214-6742

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.