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    249 Lake St Neenah, WI 54956

    For Lease
    $4 SF/Yr

    Massive Manufacturing Space Available

    Lot size:
    1,124,241 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional industrial property, located at 249 N Lake St, Neenah, WI 54956, offers a significant opportunity for manufacturing businesses. Comprising two buildings totaling 1,124,241 square feet, this single-tenant property sits on a substantial 23.90-acre lot directly on Little Lake Butte Des Morts. The property features a rich history, originally constructed in 1911 and significantly renovated in 1961. The buildings offer variable clear heights, catering to diverse manufacturing needs. The property includes four parcel IDs: 1210607, 1210706, 12105870102, and 1210615, all located within Winnebago County. This expansive site presents a unique chance to acquire a well-established, large-scale manufacturing facility in a desirable location. The property's waterfront location and substantial size make it ideal for a variety of industrial uses. The property's history as a former paper mill adds to its character and potential. This is a rare opportunity to secure a significant industrial footprint in a prime Wisconsin location. Contact us today to learn more about this exceptional property and its potential.

    Property Features for 249 Lake St

    General Information

    Property type
    Manufacturing properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,124,241 SF
    Total Rate
    374747

    Building Details

    Year Built/Renovated
    1911/1961
    Buildings
    2

    Unit(s) available at that property

    Space
    Size
    1,124,241 SF
    Rate per SF
    $4

    HighLights

    • On‑site 3PL services provided by KK Integrated Logistics.
    • Extensive renovations completed Spring 2024, including LED lighting, new HVAC, upgraded fire sprinklers, and fresh paint.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Neenah
    County
    Winnebago
    State
    Wisconsin
    Longitude
    -88.475412071597
    Latitude
    44.19339991934

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    FAQs

    What type of property is this?
    Manufacturing property - Massive Manufacturing Space Available
    Where is this manufacturing property located?
    The property is located at 249 Lake St Neenah, WI.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: On-site 3PL services provided by KK Integrated Logistics.; Extensive renovations completed Spring 2024, including LED lighting, new HVAC, upgraded fire sprinklers, and fresh paint.;
    Request Owner's contact information
    249 Lake St Neenah, WI 54956
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    249 Lake St Neenah, WI 54956
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