606 Parkway Blvd Two Rivers, WI 54241
- Manufacturing properties
- 318,783 SF
Current Use by Public Records
- Manufacturing properties
Property Details for 606 Parkway Blvd
- Year built
- 1957
- Property size
- 318,783 SF
- Property type
- Manufacturing properties
- Property subtype
- Distribution centers
Description
This exceptional multi-tenant industrial property, located at 606 Parkway Blvd in Two Rivers, WI 54241, offers a significant investment opportunity. The 318,783 square foot facility sits on a substantial 27-acre lot, providing ample space for manufacturing, distribution, and warehousing operations. Currently, 40% of the building is occupied under a lease expiring June 30, 2027, with rent roll available upon request. The property features five loading docks and offers three available spaces ranging from 28,000 to 91,228 square feet. Built in 1957, the property presents a chance to capitalize on significant value-add potential. Sections B, C, and D require an estimated $2,500,000 in renovations to reach leasable condition, adding an additional 192,783 square feet of leasable space. The property's expansive outdoor area provides extensive storage and parking. This prime location in Two Rivers, Wisconsin offers excellent access to transportation networks and a strong workforce. This is an ideal opportunity for investors seeking a substantial industrial property with significant upside potential through lease-up and renovation. The property's size, location, and potential for expansion make it a compelling investment in the thriving Wisconsin market.
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
- Two Rivers
- County
- Manitowoc
- State
- Wisconsin
- Longitude
- -87.58766
- Latitude
- 44.138831
