403 4Th Ave Kiel, WI 53042
This exceptional investment opportunity presents a 14,100 square foot industrial property situated on 1.01 acres in Nazianz, Wisconsin. The property comprises two buildings: a 12,200 square foot main structure and a 1,900 square foot secondary building. The larger building, constructed in 1958 with a 2000 addition, boasts 16-foot ceilings, five 12' x 10' insulated overhead doors, and a loading dock. Features include in-floor hot water heat in the shop area, forced air heating, central vacuum, and a four-hour fire wall separating the shop and office areas. The office space features 8-10 foot ceilings, numerous offices, seven HVAC zones with hot water heat, and a full basement for additional storage. The property also benefits from 220-volt, three-phase power and ample asphalt parking. The smaller building is ideal for storage. The property is zoned commercial and is currently vacant, offering immediate occupancy. This well-maintained property is perfect for an owner-user seeking a versatile space. The property's Class C designation reflects its solid construction and functional layout. The property is located at 403 S 4th Ave, Kiel, WI 54232, with the legal description being APN 03713000606301. The property is owned by JFM INC.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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