426 Montgomery St Watertown, WI 53094-6147

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.