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Industrial Warehouse with Mezzanine

3460 Town Hall Rd Kewaskum, WI 53040

3460 Town Hall Rd, Kewaskum, WI, 53040
$550,000
For Sale
Claim this Listing
$550,000

COMMERCIAL - Kewaskum, WI

Property Size5,054 SF
Lot Size0.92 Acres
Price / SF$108.82
AddedNov 8, 2025
Days on Market249
Last RefreshJul 15 at 4:06 pm

Property Features for 3460 Town Hall Rd

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Standard status
Active
APN
T2046000B
Size
5,054 SF
Lot size
0.92 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
1822

Building Details

Year built
1985
Architectural style
Other

Listing agent Thomas Zernia License #5745190

Listing office Boss Realty, LLC 135 N 6th Ave, WEST BEND, WI

Listing date Nov 8, 2025

MLS# 1942354 Listing URL

Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This sale offering includes approximately 5,054 square feet of industrial space across two buildings, along with approximately 2,053 square feet of mezzanine area. The property is described as well-maintained and configured to support both storage and operational needs. Building 1 is listed at approximately 1,620 square feet, while Building 2 is listed at approximately 3,434 square feet. Site improvements and features include multiple drive-in doors (including one 22' door), floor drains, radiant heat systems, and an ample power supply. The property also includes generous outdoor storage, which can support equipment and material handling needs.

The address is 3460 Town Hall Rd in Kewaskum, Wisconsin. The location is described as approximately 2 minutes from Hwy 45 and about 10 minutes from I-41, providing practical regional access for distribution and service operations. The lot size is listed at approximately 0.92 acres, supporting on-site handling and staging.

With drive-in doors, floor drains, and radiant heat, the buildings are positioned for a range of industrial owner-user and tenant uses that require straightforward access and functional building systems. The mezzanine area adds additional flexible space for storage or back-office support, while the outdoor storage capacity supports operations that benefit from yard space. Existing industrial infrastructure such as the heat and power noted in the remarks may help reduce upfront facility planning for suitable users.

Key Highlights

  • Approx. 5,054 SF industrial space across two buildings (Building 1: approx. 1,620 SF; Building 2: approx. 3,434 SF)
  • Additional approx. 2,053 SF mezzanine space
  • Multiple drive‑in doors, including a 22' door

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $27.6k $5.47
− Vacancy −$1.4k −$0.27
EGI $26.3k $5.20
− OpEx −$3.9k −$0.78
NOI $22.3k $4.42
5,054 SF · lease $5.47/SF/yr · vacancy 5.00% · expense 15.00%

Alternative Uses

Best Use
Warehouse
$318.9K
$279.1K – $372.1K (±1% cap)
NOI $22,324 @ 7.0% cap · market cap 4.06%
Second Best
Industrial
$262.9K
$230.1K – $306.7K (±1% cap)
NOI $18,404 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$1.39M
$1.22M – $1.62M (±1% cap)
NOI $97,259 @ 7.0% cap · market cap 17.68%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Distribution centers

Suggested Use

Parking Lot & Garage Building Supply Auto Repair Shop Electrical Service Big Box & Wholesale Store Furniture & Home Goods Gym & Fitness Center Veterinary Clinic Storage Facility Department Store

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Wts Storage — Friendly Dr, Kewaskum, WI 53040
  • HWY 45 Storage, LLC — Sandy Ridge Rd, Kewaskum, WI 53040
  • Storage Technology Corporation — 3321 Co Rd D, West Bend, WI 53090
  • All-Stor Self Storage | West Bend — 3477 Town Hall Rd, West Bend, WI 53090

FAQs

What type of property is this?
Warehouse - Two-building industrial site with drive-in access, radiant heat, floor drains, and outdoor storage near major highways.
Where is this warehouse located?
The property is located at 3460 Town Hall Rd Kewaskum, WI.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Approx. 5,054 SF industrial space across two buildings (Building 1: approx. 1,620 SF; Building 2: approx. 3,434 SF); Additional approx. 2,053 SF mezzanine space; Multiple drive‑in doors, including a 22' door
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