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210 Jib St 14,300 SF 100% Leased Industrial Building Sturgeon Bay, WI 54235 $1,350,000 ($94.41/SF)


Investment Highlights
- Multi-use building - manufacturing, warehousing, distribution, office, etc.
- Front-loading dock equipped with a dock leveler
- Great location - in the Industrial Park, minutes from Highway 42/57
Executive Summary
The facility is situated on an approximately 1.01-acre rectangular site. The property has approximately 157 feet of frontage along Jib Street, with a single point of ingress and egress from that roadway. Site improvements include an asphalt parking area, and on-site signage. An additional asphalt parking area is located along the side of the building, with surrounding green space that allows for potential future expansion. The property is zoned I-1A, Light Industrial (Industrial Park District), per the City of Sturgeon Bay.
The facility was constructed in 2002 and is currently occupied by Warner-Wexel, a related entity to the property owner. The building is of pre-engineered steel construction with decorative brick accents on the front façade, steel and glass windows, and a pre-engineered steel gable roof. The office area is served by forced-air heating and air conditioning, while the rear warehouse area is heated by space heaters with fans.
The front office area includes a main entry with a sliding glass receptionist window and multiple built-in desk areas. The remaining office space consists of two large private offices, a shared office area, restrooms, and a break room. The warehouse portion features approximately 18-foot eave height, a steel-lined ceiling, 4' x 8' insulation board side walls, fluorescent lighting, and a floor drain. The warehouse includes a front-loading dock equipped with a dock leveler, as well as a secondary exterior parking area adjacent to the dock that allows for the potential addition of a second dock door.
The building contains a total of approximately 12,880 square feet, including approximately 1,680 square feet of office space.
The facility was constructed in 2002 and is currently occupied by Warner-Wexel, a related entity to the property owner. The building is of pre-engineered steel construction with decorative brick accents on the front façade, steel and glass windows, and a pre-engineered steel gable roof. The office area is served by forced-air heating and air conditioning, while the rear warehouse area is heated by space heaters with fans.
The front office area includes a main entry with a sliding glass receptionist window and multiple built-in desk areas. The remaining office space consists of two large private offices, a shared office area, restrooms, and a break room. The warehouse portion features approximately 18-foot eave height, a steel-lined ceiling, 4' x 8' insulation board side walls, fluorescent lighting, and a floor drain. The warehouse includes a front-loading dock equipped with a dock leveler, as well as a secondary exterior parking area adjacent to the dock that allows for the potential addition of a second dock door.
The building contains a total of approximately 12,880 square feet, including approximately 1,680 square feet of office space.
Property Facts
| Price | $1,350,000 | Building Class | C |
| Price Per SF | $94.41 | Lot Size | 1.01 AC |
| Sale Type | Investment or Owner User | Rentable Building Area | 14,300 SF |
| Sale Condition | Lease Option | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2002 |
| Property Subtype | Warehouse | ||
| Zoning | I-1A (Light Industrial) - I-1A (Light Industrial) | ||
| Price | $1,350,000 |
| Price Per SF | $94.41 |
| Sale Type | Investment or Owner User |
| Sale Condition | Lease Option |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 1.01 AC |
| Rentable Building Area | 14,300 SF |
| No. Stories | 1 |
| Year Built | 2002 |
| Zoning | I-1A (Light Industrial) - I-1A (Light Industrial) |
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Property Taxes
| Parcel Number | 281-72182726001 | Improvements Assessment | $565,500 |
| Land Assessment | $60,500 | Total Assessment | $626,000 |
Property Taxes
Parcel Number
281-72182726001
Land Assessment
$60,500
Improvements Assessment
$565,500
Total Assessment
$626,000
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