Manufacturing/Distribution
50 W Fernau Ave Oshkosh, WI 54901
50 W Fernau Ave, Oshkosh, WI, 54901
$2,400,000
For Sale
$2,400,000
Manufacturing and distribution space totaling 38,830 SF, with new parking and full sprinkler installation in progress.
Property Size38,830 SF
Price / SF$61.81
Days on Market118
Property Features for 50 W Fernau Ave
General Information
- Standard status
- Active
- Size
- 38,830 SF
- Property subtype
- Industrial
Listing agency
Minneapolis - St. Paul
(952) 897-7861
Listed by
Andy Lubinski
(952) 897-7861
Source
Colliers
Added: Mar 27 Updated: Jul 22 at 8:06AM Checked: Jul 22 at 8:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Minneapolis - St. Paul
Investment Insights
Based on property information with market context.
This manufacturing/distribution building offers 38,830 SF and includes an opportunity for expansion on the north side of the structure. The property is in the process of becoming fully sprinkled, and a new parking lot has been added.
The site is located at 50 W Fernau Ave in Oshkosh, and it is described as being located off Jackson Street (Hwy. 76), providing convenient access to the surrounding roadway network.
With the current configuration and the north-side expansion opportunity, the building is suited for businesses looking for manufacturing or distribution space with ongoing life-safety improvements underway.
The site is located at 50 W Fernau Ave in Oshkosh, and it is described as being located off Jackson Street (Hwy. 76), providing convenient access to the surrounding roadway network.
With the current configuration and the north-side expansion opportunity, the building is suited for businesses looking for manufacturing or distribution space with ongoing life-safety improvements underway.
Key Highlights
- Manufacturing/distribution space totaling 38,830 SF
- New parking lot added
- Full sprinkler installation in progress; property currently in the process of becoming fully sprinkled
Local Financial Insights For Industrial
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 | $302.9k | $7.80 |
| − Vacancy | −$28.3k | −$0.73 |
| EGI | $274.6k | $7.07 |
| − OpEx | −$82.4k | −$2.12 |
| NOI | $192.2k | $4.95 |
38,830 SF · lease $7.80/SF/yr · vacancy 9.33% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$3.33M
$2.92M – $3.89M
NOI $233,423 @ 7.0% cap · market cap 9.73%
Second Best
Industrial
$2.75M
$2.40M – $3.20M
NOI $192,231 @ 7.0% cap · market cap 8.01%
Theoretical Best
Office A
$8.38M
$7.33M – $9.78M
NOI $586,662 @ 7.0% cap · market cap 24.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Westgate Products
Industrial Manufacturer
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Manufacturing and distribution space totaling 38,830 SF, with new parking and full sprinkler installation in progress.
Where is this manufacturing property located?
The property is located at 50 W Fernau Ave Oshkosh, WI.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Manufacturing/distribution space totaling 38,830 SF; New parking lot added; Full sprinkler installation in progress; property currently in the process of becoming fully sprinkled
