426 Montgomery St Watertown, WI 53094-6147
- Industrial properties
- 8.41 lot acres
Jun 18, 2025
Current Use by Public Records
- Manufacturing Services, Inc. / Machine Shop
- My Conveyor Company / Manufacturer
- Sparky Storage / Self-Storage Facility
- S2F Conveyor Installation / Material Handling Equipment Supplier
- Building Products Inc. of Wisconsin / Building Materials Supplier / Hardware Store
Property Details for 426 Montgomery St
- Lot size
- 8.41 lot acres
- Property type
- Industrial properties
- APN
- 291-0815-0423-058
- APU
- 29108150423058
Description
This exceptional value-add industrial property, located at 426 S. Montgomery Street in Watertown, Wisconsin, presents a compelling investment opportunity. The 188,382 square foot warehouse sits on an 8.41-acre lot (APN 291-0815-0423-058) and is currently 100% occupied, generating a net operating income (NOI) of $202,388. Built in 1910 and renovated in 1990, the property boasts a range of features including 12 loading docks and 8 dock-high doors. Ceiling heights vary, with the majority around 20 feet, and range from approximately 12 to 40 feet. The property is zoned GI - General Industrial, offering flexibility for various industrial uses. The well-maintained facility benefits from newer roof and electrical upgrades. Conveniently located with easy access to I-94 via Highway 26, this property also offers the potential for reactivating rail access. The asking price is $4,500,000. This fully occupied asset presents a strong cash flow and significant upside potential for a savvy investor. This is a rare opportunity to acquire a substantial industrial property in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Watertown
- County
- Jefferson
- State
- Wisconsin
- Longitude
- -88.7323
- Latitude
- 43.1907
- CBSA code
- 48020
- CBSA name
- WATERTOWN-FORT ATKINSON, WI MICROPOLITAN STATISTICAL AREA
