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    5840 60Th St Milwaukee, WI 53218

    Sponsored
    For Lease
    $4 SF/Yr ($6,257 /Mo)

    High-bay warehouse & office space available.

    Lot size:
    17,667 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This Milwaukee County industrial property, totaling 17,667 square feet, offers flexible lease options ranging from 2,000 to 13,539 contiguous square feet. Built in 1956 and renovated in 1997, the building features impressive ceiling heights ranging from 14 to 34 feet, ideal for various industrial uses. The property sits on a substantial 7.217-acre lot, providing ample outdoor storage capabilities within a secure, fenced-in area. The building boasts excellent signage opportunities and convenient access to loading docks—one shared dock and two dedicated docks equipped with levelers—along with a shared drive-in area. The property is zoned IL1 and includes 90 parking spaces. Electrical service is robust, featuring 4,000 amps, 480/240v 3-phase (TBV) power. This multi-tenant building presents a unique opportunity for businesses seeking highly competitive lease rates and a versatile industrial space. A drone video showcasing the property is available online. This is a rare opportunity to secure a well-maintained, spacious industrial property in a desirable Milwaukee County location.

    Property Features for 5840 60Th St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,667 SF
    Total Rate
    6257.06

    Building Details

    Year Built/Renovated
    1956/1997

    Unit(s) available at that property

    Space
    Space Available 1
    Size
    2,000 SF
    Rate per SF
    $4
    Space
    Space Available 2
    Size
    2,128 SF
    Rate per SF
    $4
    Space
    Available Space 3
    Size
    5,020 SF
    Rate per SF
    $4
    Space
    Available Space 4
    Size
    8,519 SF
    Rate per SF
    $4

    HighLights

    • Highly competitive lease rates.
    • Ample outdoor storage.
    • Multi‑tenant building on a large, fenced lot.
    • Excellent signage opportunity.
    • Three loading docks: one shared, two dedicated with levelers.
    • Shared drive‑in access.
    Property Profile Location Intelligence

    Current Use by Public Records

    Whatever it Takes ... Auto Parts Store Havenwoods Taproom and Beer ... Beer Garden

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    Milwaukee
    State
    Wisconsin
    Longitude
    -87.9847854
    Latitude
    43.1235751

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    FAQs

    What type of property is this?
    Distribution property - High-bay warehouse & office space available.
    Where is this distribution property located?
    The property is located at 5840 60Th St Milwaukee, WI.
    What is the lease rate?
    The lease rate is $4 SF/Yr.
    What are key features of this property?
    This property features: Highly competitive lease rates.; Ample outdoor storage.; Multi-tenant building on a large, fenced lot.
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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

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    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
    5840 60Th St Milwaukee, WI 53218
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