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1876 Commerce Dr
De Pere, WI 54115
Industrial Investment Property - 10% Cap · Industrial Property For Sale

Property Facts

Property Type Industrial
Property Subtype Manufacturing
Building Class C
Lot Size 1.56 AC
Rentable Building Area 13,500 SF
No. Stories 1
Year Built 1998
Parking Ratio 0.89/1,000 SF
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 2
Zoning I-3

About 1876 COMMERCE DR , DE PERE, WI 54115

This investment property is a 13,500-square foot office/warehouse. The building was constructed in 1998 by Corrigan. A build out was later done by 1st Choice Builders providing the ability to have a 9,000-square foot expansion to the west, out back of the existing building. Loading doors are 14 feet tall. Interior ceiling height is 18 feet. Building materials are a combination of metal and block. The building does not have sprinklers. Electrical service for the building consists of at least 600 amps. A transformer is located right outside the building on the northern property line. There are currently 15 parking stalls, but reconfiguration of the 1.6-acre parcel would allow for up to 30 stalls including the expansion. The 1,200-square foot updated office space includes a bathroom. The warehouse unit immediately behind the office space has been brought up to food grade quality code. A concrete floor in the middle unit was added and the rear unit has been built out to tenant specs. Both the warehouse and rear units have bathrooms and plumbing has been done for the middle unit. The property is priced at about a 10% CAP at $750,000. Located on Commerce Drive in De Pere' s East Industrial Park and has four tenants.

Property Taxes

Property Taxes

Parcel Number
ED-344-101-7
Land Assessment
$46,700
Improvements Assessment
$783,200
Total Assessment
$829,900
  • Listing ID: 8910051

  • Date on Market: 8/30/2017

  • Last Updated:

  • Address: 1876 Commerce Dr, De Pere, WI 54115

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