• Broker Gary Ort 9204274988
Flooring and Equipment

509 Mill St 35,000 SF 100% Leased Industrial Building Montello, WI 53949 $1,900,000 ($54.29/SF) 8.89% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Excellent Location - Right On the Corner Of 3rd Street.
  • Less Than A Mile From Hiawatha Pioneer Trail.

EXECUTIVE SUMMARY

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 FACTS

Price $1,900,000
Price Per SF $54.29
Sale Type Investment or Owner User
Cap Rate 8.89%
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
  • 1st Floor
  • 12,500-22,500 SF
  • Industrial
  • Full Build-Out
  • 30 Days
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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

PROPERTY TAXES

Parcel Number 251-00082-0000 Improvements Assessment $582,800
Land Assessment $30,000 Total Assessment $612,800

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