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145 Railroad Ave 16,524 SF Vacant Industrial Building Ellsworth, WI 54011 $1,650,000 ($99.85/SF) 9.09% Cap Rate

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INVESTMENT HIGHLIGHTS

  • FOR SALE OR FOR LEASE/RENT
  • Warehouse 156x60 with 3 Docks
  • Brand new shop : 60x83x110, with new bathroom, office. In-floor Heat.
  • Office / Shop 42X52 with bathroom and shop.

EXECUTIVE SUMMARY

Available FOR SALE OR LEASE/ RENT
LOT SIZE : 7.5143 ACRES / Property Tax : $4600.00
ZONING : INDUSTRIAL
PERMITS :Dealer Permit / Truck parts , buy/sell Permit
Truck Parking 50+ trucks
Warehouse : OK
Trucking / Transportation : OK
Truck Wash : Ok
Truck Shop :OK
-VIDEO Surveillance installed and operating - 13 Cameras Inside / Outside
-FENCE
#1 Brand new shop : 60x83x110
- Electricity 110V , 220 V , 3 Phase
-City Water
-Natural Gas Tank 1000 Gallons
-Bathroom / shower
-Heated Floors (entire building)
-Professional Semi truck shop / Truck Wash
-Completed - all Permits passed and completed
#2 Warehouse 156x60
-3 docks ( Trailer Height 13.6 )
-Electricity
-Cold - no heating
#3 Office / Shop 42X52
-Electricity 110/240 V
-City Water
-Heating
-Bathroom / shower ,office (2 rooms ) Shop/garage (approx. 5 cars )
CAP/NOI based on Pro Forma rates if tenant was occupying space.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Taxes $4,600 $0.28
Operating Expenses - -
Total Expenses $4,600 $0.28

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes
Annual $4,600
Annual Per SF $0.28
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $4,600
Annual Per SF $0.28

PROPERTY FACTS

Price $1,650,000
Price Per SF $99.85
Sale Type Investment or Owner User
Cap Rate 9.09%
Sale Condition High Vacancy Property
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Auto Dealership
  • Industrial Truck Terminal
  • OfficeLoft Creative Space
Building Class C
Lot Size 7.51 AC
Rentable Building Area 16,524 SF
No. Stories 1
Year Built/Renovated 1982/2020
Parking Ratio 3.03/1,000 SF
Clear Ceiling Height 14’
No. Dock-High Doors/Loading 3
No. Drive In / Grade-Level Doors 5
Zoning I-1 - ZONING : INDUSTRIAL PERMITS :Dealer Permit / Truck parts , buy/sell Permit

AMENITIES

  • Floor Drains
  • Security System
  • Yard
  • Storage Space
  • Air Conditioning

UTILITIES

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City
  • Heating - Gas

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • TDI
  • Utilities
  • 2,184 SF
  • -
  • Negotiable
  • Apr 2025
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
TDI Utilities 2,184 SF - Negotiable Apr 2025

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl - Building #2
  • 16,524 SF
  • Industrial
  • Full Build-Out
  • Now

#2 Warehouse 156x60 -3 docks ( Trailer Height 13.6 ) -Electricity -Cold - no heating

Space Size Space Use Condition Available
1st Fl - Building #2 16,524 SF Industrial Full Build-Out Now

1st Fl - Building #2

Size
16,524 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Fl - Building #2

Size 16,524 SF
Space Use Industrial
Condition Full Build-Out
Available Now

#2 Warehouse 156x60 -3 docks ( Trailer Height 13.6 ) -Electricity -Cold - no heating

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
121-01083-0300
Land Assessment
$91,700
Improvements Assessment
$285,200
Total Assessment
$376,900
Annual Taxes
$4,600 ($0.28/SF)
Tax Year
2024
  • Listing ID: 24138040

  • Date on Market: 3/24/2022

  • Last Updated:

  • Address: 145 Railroad Ave, Ellsworth, WI 54011

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