1956 US Highway 8 - Specialty FOR SALE


Saint Croix Falls, WI 54024
$3,200,000 USD
763-843-8398
1956 US Highway 8, Saint Croix Falls, WI for Sale
$3,200,000 USD
Specialty - FOR SALE
1/17
null | Request Cap Rate

NEW


1956 US Highway 8
Saint Croix Falls, WI 54024


HIGHLIGHTS

  • Heavy traffic on major highway
  • Building remodeled in 2010 and 2011, very clean
  • Successful business with strong client base
  • Seller is including most of the inventory, parts, machinery and equipment.

OVERVIEW

This listing is for both the real estate and the business and includes two parcels. The first parcel is the Arrow Marine store front with the sales and service business. The lot is 1.06 acres and the store is 6144 sq ft with an additional outdoor 48 x 24, 1152 sq ft, covered work area. The front of the building is the boat showroom and retail area. There is a half bathroom in this area as well. This sale includes most of the shelving, inventory, parts, and equipment. A more detailed list will be provided to buyer. The building has in zoned in floor heat in both parts of the building. The shop area is 40 x 48. There is a 9 x 12 overhead door, as well as a service door, between the showroom and shop area. There is another overhead door, as well as a service door, between the shop and the additional 48 x 24 covered overhang work area out back. The back is enclosed by a 6-foot chain link fence with a second entrance via a 50-foot easement along the BP station property. The second parcel is the Arrow Marine boat storage. This lot at a separate location further down the highway and is 3 acres. There are four large outbuildings that store around 500 boats during the off season. The outbuildings are two 48 x 88 buildings, a 36 x 54 building, and a 90 x 256 building with lift racks on both sides to offer two levels of boat storage. The attached pictures are of that large two-level storage building. All the outbuildings used for storage are dirt floors. The property has additional room for outdoor storage or potentially another outbuilding. The real estate and the business are for sale. Both parcels of real estate and the business is for sale. It's a successful business with a strong customer base. The seller also stated that there is an additional building off-site that he rents for even more boat storage. There is also the potential to rent an additional off-site building for more boat storage. There are two propane tanks on the property, of which the seller will be removing one of them. The square footage listed in the listing details is just for the main Arrow Marine building. The additional outbuildings add an additional 33,432 square feet, to total about 39,576 sq ft between both businesses. The tax amount listed is the combined total of both properties. Great opportunity for a solid business with great highway visibility!

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$521 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Arrow Marine Sales, Service & Storage

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

4.06 AC

LAND SF

176,854 SF

ZONING

Commercial G2

APN/PARCEL ID

006-00914-0200,044-00971-0200

ASK ABOUT THIS PROPERTY

Jill BrindamourRealty GroupMore Info
763-843-8398

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Jill BrindamourRealty GroupMore Info
763-843-8398

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