Print all the details of this listing in a proper format by clicking the “Print Listing” link on the right-hand side of each listing.

Lindsay Bld - $1.75/sf./yr. gross lease

112 South 2nd Street, Milwaukee, WI 53204

2nd Street Facade
  • 42,426 SF
  • $1.75 /SF/Year
  • 8,500 SF
  • 426,000 SF
  • Industrial
  • Warehouse
  • 42,426 SF
    • Electricity/Power
  • Find Out More...
Last Verified  1/31/2010 Listing ID  16260938

1 Space Available

Space 1

  • 42,426 SF
  • $1.75 /SF/Year
  • Warehouse
  • 8,500 SF
  • 426,000 SF
  • Dec 2010
$1.75 /SF/Year$1.75 /SF/Year$0.15 /SF/Month$74,245.50 /Year$6,187.13 /Month

Description

$1.75/sq.ft./yr. gross lease even includes electricity ! 8500 - 42,000 sq.ft. 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. Taxes being paid in 2009 are $18,400 and 2008 utilities are were as $860.
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. Founded in Milwaukee in 1868, Lindsay Brothers was the largest agricultural implement distributor.

THE NEIGHBORHOOD: 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. Formerly a commercial area, this neighborhood is quickly being redeveloped into an exciting place to live and work. This is a unique neighborhood where values are steadily increasing. 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.

Map of 112 South 2nd Street, Milwaukee, WI 53204 (Milwaukee County)

Contact Listing Broker to find out more details.

Presented by

Brian Jost

Request additional information

Contact Listing Broker
Brian Jost (414) 559-5555
Track changes to this property
Watch This Property
Share this listing
Send to Friend
Link to This Listing
Embed This on Your Web Site
Widgets, Badges and Tools
Share on LinkedIn
Additional options
Print Listing
View Map
Demographics

Advertisement

Created 6/2/2009

Additional Information for 112 S 2nd Street, Milwaukee, WI 53204

  • Active For Sale - 1 Listing
  • Active For Lease - 1 Listing
  • Previously Listed - 0 Historic Listing
  • Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.


Cityfeet.com – Commercial Real Estate Network BizBuySell LandAndFarm.com LoopNet Partners