For Sale
$1,600,000

2493 Crest DrLake Geneva, WI 53147

Multi-unit industrial complex, high ROI.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents two buildings totaling 17,475 square feet of net rentable space situated just outside of Lake Geneva, Wisconsin, at 2493 Crest Dr, 53147. The property, zoned M-1, comprises a diverse portfolio of income-generating assets including eighteen self-storage units, two large 4,000 square foot spaces, and an additional 1,200 square foot office area. Built in 1978, the buildings underwent substantial renovations in 2019, encompassing new roofs, windows, siding, HVAC systems, and lighting, ensuring excellent condition and minimizing future maintenance costs. Currently fully leased with a multi-tenant occupancy, the property offers immediate cash flow and strong potential for future appreciation. The asking price is $1,600,000, with an occupancy date of November 15, 2024. Detailed financial information, including rent rolls and expense reports, is available upon request. This is an owner/user investment opportunity in a prime location near Lake Geneva, offering a blend of industrial, office, and self-storage uses. The property's diverse tenant base and recent renovations make it an attractive and stable investment.

Property Details for 2493 Crest Dr

Property type
Office properties, Self storage facilities
Square Feet
17,475 SF
Year Built
1978
Buildings
2

Location Insight

City
Lake Geneva
County
Walworth
State
Wisconsin
Latitude
42.6147528
Longitude
-88.4130253
2493 Crest Dr, Lake Geneva, Wisconsin

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2493 Crest Dr
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