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509 Mill St 35,000 SF 100% Leased Industrial Building Montello, WI 53949 $1,795,000 ($51.29/SF) 9.42% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent Location - Right On the Corner Of 3rd Street.
- Less Than A Mile From Hiawatha Pioneer Trail.
EXECUTIVE SUMMARY
PROPERTY FACTS
| Price | $1,795,000 | Lot Size | 6.54 AC |
| Price Per SF | $51.29 | Rentable Building Area | 35,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Cap Rate | 9.42% | Year Built | 2006 |
| Sale Condition | Lease Option | Parking Ratio | 0.71/1,000 SF |
| Property Type | Industrial | Clear Ceiling Height | 28’ |
| Property Subtype | Warehouse | No. Dock-High Doors/Loading | 4 |
| Building Class | B | No. Drive In / Grade-Level Doors | 2 |
| Zoning | L1 - Light Industrial | ||
| Price | $1,795,000 |
| Price Per SF | $51.29 |
| Sale Type | Investment or Owner User |
| Cap Rate | 9.42% |
| Sale Condition | Lease Option |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 6.54 AC |
| Rentable Building Area | 35,000 SF |
| No. Stories | 1 |
| Year Built | 2006 |
| Parking Ratio | 0.71/1,000 SF |
| Clear Ceiling Height | 28’ |
| No. Dock-High Doors/Loading | 4 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | L1 - Light Industrial |
AMENITIES
- Front Loading
- Mezzanine
- Yard
- Storage Space
- Fluorescent Lighting
- Air Conditioning
UTILITIES
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
Currently approximately half of the building is rented on a month to month bases. 480 Service, 4,000 amps. Sprinkler system, dry and wet. Natural Gas and city sewer/water. Interior walls, 125 X 100 (12,500 SF) and 225 X 100 (22,500 SF) clear span, no posts. 20 foot plus wall height. 25 surface parking stalls. Additional pictures available on request.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 12,500-22,500 SF | Industrial | Full Build-Out | 30 Days |
1st Floor
| Size |
| 12,500-22,500 SF |
| Space Use |
| Industrial |
| Condition |
| Full Build-Out |
| Available |
| 30 Days |
1st Floor
| Size | 12,500-22,500 SF |
| Space Use | Industrial |
| Condition | Full Build-Out |
| Available | 30 Days |
Currently approximately half of the building is rented on a month to month bases. 480 Service, 4,000 amps. Sprinkler system, dry and wet. Natural Gas and city sewer/water. Interior walls, 125 X 100 (12,500 SF) and 225 X 100 (22,500 SF) clear span, no posts. 20 foot plus wall height. 25 surface parking stalls. Additional pictures available on request.
PROPERTY TAXES
| Parcel Number | 251-00082-0000 | Improvements Assessment | $582,800 |
| Land Assessment | $30,000 | Total Assessment | $612,800 |
PROPERTY TAXES
Presented by
Flooring and Equipment
509 Mill St
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