1133 S 16th St - Warehouse FOR SALE


Manitowoc, WI 54220
$1,150,000 USD
608-572-8889
1133 S 16th St, Manitowoc, WI for Sale
$1,150,000 USD
Warehouse - FOR SALE
1/14
null | Request Cap Rate

1133 S 16th St
Manitowoc, WI 54220


HIGHLIGHTS

  • Open Concept
  • Large Space
  • Natural Light

OVERVIEW

The Manitowoc Tinsel factory is just minutes from downtown Manitowoc and the same distance to the interstate. The building is three stories with a large square footage of 88,740 square ft. It has two drive in loading docks and two outdoor loading docks, equipped with fiber optic Internet and fully sprinkler protected. The building has a service elevator and a freight elevator that have been inspected annually and operates smoothly. The roof is in great shape and it is a rubber roof. Phase 1 & 2 environmental has been completed with no major issues. It has passed designation for phase 1 historical tax credits and just needs a final approval for phase 2. The city has also said that they would place it in a TID/TIF and depending on the project, would consider moving the bus route to the front of the building. The building was also awarded a $625k congressional grant to the developer that would turn it into an affordable housing project. There is also a lease option for the right tenant that can be negotiated if they take the entire space. Contact me directly for further questions.

FOR SALE DETAILS

PRICE

$1,150,000 USD

PRICE/SF

$13 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Refrigeration/Cold Storage

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

UTILITIES

Gas - Natural, Water - City, Sewer - City, Heating - Gas

CLEAR CEILING HT

10 Ft

DOCKS

4

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.83

LAND SF

36,155

ZONING

I-1

APN/PARCEL ID

52-000-292-260.00

ASK ABOUT THIS PROPERTY

Guntis DredzelsLannon Stone Realty LLCMore Info
608-572-8889

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Guntis DredzelsLannon Stone Realty LLCMore Info
608-572-8889

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.