Listing Agency: STEPHENS REAL ESTATE-FLORENCE i***@stephens.realestate Show Phone

Listed By: CHASE ERICKSON · License #UPAR Show Phone

Added: Jun 29 Changed: Aug 19 Last Checked: Aug 21 at 3:06PM

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MLS# 50213364

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Investment Insights

Based on property information with market context.

The property consists of a completely updated 84x80 pole barn currently used as a rental space with a tenant in place. Improvements include a fresh coat of paint, four brand-new overhead doors, and four new service doors designed to support efficient loading and access. The building is positioned on a 0.7-acre parcel.

Located at 1505 US2 Highway in Florence, WI 54121, the site is served by highway access and includes additional lots in the back of the property. Those extra parcels provide room to consider site planning options beyond the existing structure, subject to applicable rules and approvals.

This setup can fit tenants or buyers looking for straightforward, door-forward warehouse or storage operations, with multiple ingress points to accommodate different workflows. The in-place tenant arrangement may also appeal to buyers interested in acquiring an updated building already generating rental income, while retaining the option to evaluate future expansion using the additional lots on-site.

Key Highlights

• 84x80 pole barn building completely updated and generating rental income with a tenant in place
• Fresh coat of paint plus 4 brand‑new overhead doors and 4 new service doors for access
• On a spacious 0.7‑acre parcel with additional lots in the back

Property Analytics

Property Profile

Current Use

Warehouses

Lease Details

4

Drive-in doors

Single-tenant

Tenancy

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

15

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 54121, WI

3,149

Population

3,238

Households

1

Avg Household Size

55

Median Age

26%

College-Educated

92%

High-School Grad

272.1 sq mi

ZIP Area

12

Density / Sq Mi

$57,927

Median Household Income

$37,348

Median Earnings

$923

Median Rent

$176,800

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Warehouse - Completely updated pole barn with multiple new doors and an in-place tenant on a 0.7-acre parcel.

Where is this warehouse located?

The property is located at 1505 US2 Highway Florence, WI.

What is the asking price?

The asking price for this property is $329,900.

What are key features of this property?

This property features: 84x80 pole barn building completely updated and generating rental income with a tenant in place; Fresh coat of paint plus 4 brand‑new overhead doors and 4 new service doors for access; On a spacious 0.7‑acre parcel with additional lots in the back