369 Newcomb StWhitewater, WI 53190

This exceptional industrial property, located at 369 N Newcomb St, Whitewater, WI 53190, presents a compelling investment opportunity. The 30,500 square foot warehouse sits on a 2.2-acre lot within the Whitewater Business Park, boasting a desirable M-1 zoning designation. Built in 1975, the building features a spacious warehouse area of approximately 28,000 square feet, equipped with three dock-high doors and two 14-foot drive-in doors, ensuring efficient loading and unloading. Ceiling heights range from 16 to 19 feet, providing ample vertical space for various industrial uses. The property also includes approximately 2,500 square feet of office space, complete with a newly renovated kitchen and break room, ideal for administrative functions. The extensive warehouse space benefits from 1600a/480v, three-phase power. Recent improvements include a repaved parking lot. The asking price is $2,790,000, representing a compelling 6.50% capitalization rate. The current tenant is willing to vacate, offering immediate occupancy potential for the new owner. The property's location in the Whitewater Business Park provides excellent access to transportation and infrastructure, making it an attractive option for a wide range of industrial businesses. The property's APN is /A 45700001. This is a NNN lease property.