For Sale
$17,990,000

4200 39Th AveKenosha, WI 53144

Rare Industrial Building, Owner/User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
123
This exceptional industrial property, located at 4200 39th Avenue in Kenosha, Wisconsin, presents a unique investment opportunity for owner-users or investors. Boasting a substantial size ranging from 30,000 to 320,964 square feet, this warehouse offers significant flexibility. The asking price is $17,990,000, translating to a price per square foot of $56.05 – a compelling value considering its features and location. Built in phases between 1959 and 1988, the property sits on a generous 19.19 acres and includes 28 dock-high doors (22 dock doors and 6 drive-in doors), ensuring efficient loading and unloading. Ceiling heights range from 16.5 to 21 feet, accommodating a variety of uses. The property benefits from heavy power (2,000 Amps, 480 3 Phase – verification recommended), ample parking, and convenient access. Its strategic location offers easy access to I-94 (10 minutes away), proximity to Illinois (20 minutes north), and is within a reasonable distance of O'Hare International Airport (50 miles) and General Mitchell International Airport (30 miles). The property's adaptability allows for potential subdivision and even conversion to self-storage. This is a rare opportunity to acquire a standalone industrial building below replacement cost, with the potential for below-market rental rates. Immediate access is available for an operator.

Highlights

  • Owner-user or investor opportunity.
  • Rare standalone industrial building offered below replacement cost.
  • Below-market lease rate available.
  • Highly divisible space (30,000 - 320,964 SF).
  • Abundant power (2,000 Amps, 480 3-Phase).
  • Convenient I-94 access (10 minutes).

Property Details for 4200 39Th Ave

Property type
Warehouses, Industrial properties
Square Feet
30,000 SF
Year Built
1959
Lot Size (sq. ft)
835,916 SF

Location Insight

City
Kenosha
County
Kenosha
State
Wisconsin
Latitude
42.5986726
Longitude
-87.8577245
4200 39Th Ave, Kenosha, Wisconsin

FAQs

What type of property is this?
Warehouse - Rare Industrial Building, Owner/User Opportunity
Where is the warehouse located?
The property is located at 4200 39Th Ave Kenosha, WI.
What is the asking price?
The asking price for this property is $17,990,000.
What are key features of this property?
This property features: Owner-user or investor opportunity.; Rare standalone industrial building offered below replacement cost.; Below-market lease rate available.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4200 39Th Ave
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