236 S 2nd St - Distribution FOR SALE


Butternut, WI 54514
$990,000 USD
715-769-5094
236 S 2nd St, Butternut, WI for Sale
$990,000 USD
Distribution - FOR SALE
1/20
null | Request Cap Rate

236 S 2nd St
Butternut, WI 54514


HIGHLIGHTS

  • Nearly 95,000 SF of Warehousing with renovated office space offered at approximately $10.70/SF.
  • Recent upgrades include new LED lighting, upgraded electrical, new roofing, new sprinkler system and new heating.
  • Excellent owner/user property or investment Seller to leaseback 25,000 SF at $2/SF for up to 4 years.
  • 18 foot clear height, 3 drive in doors, 1 dock high door, 3.5 acres of parking lot

OVERVIEW

Discover the exceptional opportunity at 236 S 2nd St, Butternut, WI—a versatile industrial property that seamlessly blends functionality with modern amenities. Spanning approximately 92,545 square feet, this facility has been meticulously upgraded to meet contemporary business needs. Recent renovations include new LED lighting, upgraded electrical systems, new roofing, a state-of-the-art sprinkler system, and enhanced heating, ensuring a safe and efficient working environment. Strategically located along Wisconsin Highway 13, this property offers excellent connectivity for logistics and distribution. The 18-foot clear height, three drive-in doors, and one dock-high door provide ample flexibility for various industrial operations. Additionally, the property boasts a generous 3.5-acre parking lot, accommodating both employees and large vehicles with ease. The thriving business community in Butternut, coupled with the town’s supportive local business alliance, creates a conducive environment for growth and collaboration. Nearby, the natural beauty of Butternut Lake and the North Fork of the Flambeau River offers recreational opportunities, enhancing the quality of life for employees and attracting potential clients. For those considering long-term investment, the seller leaseback option provides a stable income stream, with the seller leasing back 25,000 square feet at $2.00 per square foot for up to four years. This property is not only a practical choice for industrial use but also a sound investment in a community poised for economic growth.

FOR SALE DETAILS

PRICE

$990,000 USD

PRICE/SF

$11 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Butternut Business Center

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

UTILITIES

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

CLEAR CEILING HT

18 Ft

DOCKS

2

DRIVE INS

3

PARKING SPACES

50

LAND DETAILS

LAND ACRES

86.5

LAND SF

3,767,940

ZONING

CM

APN/PARCEL ID

106-00114-0000

ASK ABOUT THIS PROPERTY

Paul RiderMarcus & MillichapMore Info
715-769-5094

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Paul RiderMarcus & MillichapMore Info
715-769-5094

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