520 2nd St Oconomowoc, WI 53066-3500
This exceptional 117,000-square-foot industrial property in Oconomowoc, Wisconsin, presents a compelling investment opportunity. Situated on 5.62 acres of land encompassing three parcels, the property includes a main manufacturing and distribution building, a 4,000-square-foot shop/service building, and a 1.29-acre vacant lot currently used for parking. The main building boasts a spacious layout, featuring 16' to 26'6" ceiling heights, six loading docks, and two dock-high doors, providing ample space for efficient operations. The property also offers 108 parking spaces. The building's construction incorporates precast, masonry block, and insulated metal panels. Electrical service is 2,500 amps, 227/480V 3-phase (buyer to verify). The property is zoned for industrial use, allowing for a variety of applications, including manufacturing, distribution, and potential conversion to self-storage. The asking price is $4,250,000. The property underwent renovations in 2023. This versatile facility is ideally suited for businesses seeking a substantial and well-equipped industrial space in a prime Wisconsin location. The approximately 5,000 square feet of office space provides ample room for administrative functions. The property's history includes use as a manufacturing, warehousing, and distribution facility since the mid-1980s.
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Silgan Containers Industrial Manufacturer Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C · Oconomowoc, WICosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.