W246S3255 Industrial Ln - Warehouse FOR SALE


Waukesha, WI 53189- Eastern Waukesha
$1,450,000 USD
262-347-0700
W246S3255 Industrial Ln, Waukesha, WI for Sale
$1,450,000 USD
Warehouse - FOR SALE
1/3
null | 7.93% Cap Rate

W246S3255 Industrial Ln
Waukesha, WI 53189
Eastern Waukesha


HIGHLIGHTS

  • Two dock doors and three drive-in doors offer flexible loading options for diverse industrial operations.
  • Recently updated with a newer roof, upgraded mechanical systems, and modern office finishes.
  • Epoxy coating applied to the warehouse floor in Unit A enhances durability and functionality.
  • Situated on 1.2 acres with easy access to major bypass routes, ensuring excellent connectivity.
  • Municipal water and sewer service support efficient operations and tenant convenience.
  • Currently occupied by two tenants, providing income stability with below-market rent for Unit B.

OVERVIEW

This 14,000-square-foot industrial/flex building is available for sale in Waukesha, Wisconsin, offering a versatile layout well-suited for multi-tenant occupancy. Situated on 1.2 acres with convenient access to the bypass, the property provides a functional blend of warehouse and office space with clear heights ranging from 15 to 17 feet. It features two dock doors and three drive-in doors, ensuring efficient loading capabilities for a range of operational needs. Constructed with durable metal materials and built in 1981, the building has recently received substantial updates including a newer roof, upgraded mechanicals, and refreshed office finishes. Tenants and visitors benefit from five restrooms spread throughout the premises, as well as an epoxy-coated warehouse floor in one of the units, enhancing durability and cleanliness. Currently occupied by two tenants, the property presents a strong investment opportunity with stable income and potential for long-term upside. Zoned I-1 for limited industrial use and supported by municipal water and sewer services, this asset is positioned in a thriving industrial corridor that provides both accessibility and operational efficiency.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

7.93%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

UTILITIES

Water - City, Sewer - City

CLEAR CEILING HT

17 Ft

DOCKS

2

DRIVE INS

3

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.2

LAND SF

52,272

ZONING

I-1

APN/PARCEL ID

WAKT-1354-968-001

ASK ABOUT THIS PROPERTY

Matt QuestCapital Commercial, LLCMore Info
262-347-0700

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Matt QuestCapital Commercial, LLCMore Info
262-347-0700

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