824 W Delavan Dr - Refrigeration Cold Storage FOR SALE


Janesville, WI 53546
$595,000 USD
608-893-4568
824 W Delavan Dr, Janesville, WI for Sale
$595,000 USD
Refrigeration Cold Storage - FOR SALE
1/11
null | 7.73% Cap Rate

NEW


824 W Delavan Dr
Janesville, WI 53546


HIGHLIGHTS

  • Easy Access to Interstate 39, 43, & 90, Great Launching Point for Distribution Across the State
  • Recent Increase in Rock Co Developments
  • High Demand Cold & Freezer Storage On Site
  • Ability to Add Outside Storage

OVERVIEW

Take advantage of this excellent opportunity! Property offers cold and freezer storage that remains in high demand. With over an acre on the parcel, explore future builds to add more storage on site. Property is in Opportunity Zone and owners can explore potential TIF grants. Janesville continues to see growth in developments and city planning currently in process of making the city more developer friendly with zoning ordinances. Currently hitting good cap rates, lease out entire space for increased NOI.

FOR SALE DETAILS

PRICE

$595,000 USD

PRICE/SF

$48 USD /SF

CAP RATE

7.73%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Refrigeration Cold Storage

ADD'L SUBTYPES

undefined, Warehouse, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

UTILITIES

Lighting, Gas - Natural, Water, Sewer, Heating

CLEAR CEILING HT

14 Ft

DOCKS

4

DRIVE INS

1

PARKING SPACES

12

LAND DETAILS

LAND ACRES

1.13

LAND SF

49,223

ZONING

M2

APN/PARCEL ID

040-1100402

ASK ABOUT THIS PROPERTY

Derek MorrisonSlaby & AssociatesMore Info
608-893-4568

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Derek MorrisonSlaby & AssociatesMore Info
608-893-4568

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