715 St Croix St River Falls, WI 54022

This exceptional value-add industrial investment opportunity, River Falls I, presents a 143,975 square foot multi-tenant warehouse situated on 7.24 acres in River Falls, Wisconsin. The property boasts 82% occupancy with 11 tenants and a strong net operating income (NOI) of $536,000. Built in 1966, the single-building complex features 4 dock-high doors and ceiling heights ranging from 16 to 24 feet. Partial roof replacement was completed in 2023 under warranty, with the balance scheduled for 2024 (credit available). The property is conveniently located at 715 St Croix St and 211 Powell Ave, River Falls, WI 54022, offering easy access to major transportation routes. This presents a compelling opportunity for investors seeking a stable, income-producing asset with significant upside potential through lease-up and further value-add improvements. The property's strong tenancy and substantial square footage make it an attractive investment in a growing market. The weighted average lease term is 1.5 years. The APN numbers are 276104680000 and 276105740000. This is a rare chance to acquire a well-located, income-generating warehouse with a clear path to increased profitability.