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Key Details
Sold Price $675,000
Property Type Commercial
Sub Type Manufacturing,Warehouse,Other
Listing Status Sold
Purchase Type For Sale
Square Footage 26,560 sqft
Price per Sqft $25
MLS Listing ID 1855071
Sold Date 05/01/24
Year Built 1965
Annual Tax Amount $14,562
Tax Year 2022
Lot Size 0.990 Acres
Acres 0.99
Property Sub-Type Manufacturing,Warehouse,Other
Property Description
Great investment opportunity with this spacious Industrial building. Currently occupied by Custom Creations Inc for the last 20 years. Current rent is $6,400 monthly. Building features 3 Drive in bays, a loading dock, a paint booth and multiple gantry cranes with various capacity. The Roof was replaced in 2017 and has had yearly maintenance done by installer. Landlord maintains roof and structure, tenant maintains everything else. Landlord pays Taxes and insurance. Tenant is responsible for everything else. Prior to closing the landlord and tenant will execute a 5 year lease with 2 5 year options.
Location
State WI
County Racine
Zoning I1
Rooms
Basement None / Slab
Interior
Heating Natural Gas
Cooling Individual Heating Units, Other
Exterior
Exterior Feature Other
Garage Spaces 25.0
Parking On Site 25
Roof Type Rubber/Membrane
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Others
Special Listing Condition Arms Length
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Bought with Berkshire Hathaway HomeServices Metro Realty-Racine
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