Historical Industrial Lease Listing - Lindsay Bld - $1.50/sf./yr. incl. electric

Industrial For Lease

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Lindsay Bld - $1.50/sf./yr. incl. electric

112 South 2nd Street, Milwaukee, WI 53204

N/A

42,426 SF | Industrial

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2nd Street Facade

Industrial Property - Off Market

Total Space Rentable:
42,426 SF
Rental Rate:
N/A
Min. Divisible:
8,500 SF
Max. Contiguous:
426,000 SF
Property Type:
Industrial
Property Sub-type:
Warehouse
Building Size:
42,426 SF
Listing ID
16260938
Last Updated
104 days ago

Utilities

  • Electricity/Power

1 Space

Space 1

  • 42,426 SF
  • N/A
  • Warehouse
  • 8,500 SF
  • 426,000 SF
  • Sep 2011

Description

$1.50/sq.ft./yr. storage lease for 42,426 sq.ft. even includes electricity ! 8500 per floor warehouse. Additional adjacent space available, complex totals 426,000 sq.ft. It is mostly large open warehouse space with three loading docks. The wood floors are six inches thick and supported by concrete columns. The upper floor has large timber columns supporting the roof. It has a dry sprinkler system and the roof has been insulated and updated. There is one large 4000 pound freight elevator. The five floors are 8,485 square feet per floor & total 42,426 square feet.
This is the north part of the largest building in the historic district and is also for sale for $1,200,000. The building has great city and river views front and back. It is located near the confluence of the Milwaukee and Menomonee Rivers. Zoning allows a variety of uses - office, apartment, condo, retail.
Located in the south part of downtown Milwaukee, Lindsay Brothers built this large historic cream city brick warehouse in 1892. This section of the building was rebuilt in 1925.

THE NEIGHBORHOOD: Great freeway access a few blocks away. It is an easy walk to the new Amtrak train station, the 75 acre Summerfest festival park along Lake Michigan, Grand Avenue Mall, major banks, new Milwaukee Public Market, the Historic Third Ward area and other downtown entertainment. This building is ready for redevelopment as it is located in the hottest neighborhood in Milwaukee. The Lindsay Building neighbors new high priced condominiums, new restaurants and new businesses. The current zoning allows a mix of offices, retail space, condominiums and/or apartments. The building could also just remain a storage facility. Historic tax credits are available if desired, but a historic restoration is not required. Federal Renewal Community and New Market tax credits are available. This includes a capital gains exclusion for properties held at least five years.

Located to the west across the river is the new $90,000,000 Harley - Davidson museum and office complex.

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