856 Armour RdOconomowoc, WI 53066

Property Details for 856 Armour Rd

Lot size

2.27 AC

Zone code

C

Property type

Manufacturing properties

APN

OCOC0589115

APU

OCOC0589115

Description

This exceptional 49,757 square foot office and industrial property, located at 856 Armour Rd in Oconomowoc, Wisconsin, is offered at $3,293,000 ($66.18/sq ft). The property boasts a strong net operating income (NOI) of $263,465. Situated on a 2.27-acre lot (APN: OCOC 0589 115), this metal-constructed building features a variety of improvements completed within the last 1-2 years, including a new roof and HVAC units with updated ductwork. Ceiling heights vary, offering 26', 22', and 12' clearances. The property includes one loading dock with two grade-level access points, and potential for a third via ramping. The building is equipped with a 10-ton crane (currently not in use), a 2 & 5-ton crane, two large industrial fans, and 208 3-phase, 800 AMP+ power distribution. Lighting is LED, and heating is provided by a gas-fired unit. A quality control room with air conditioning, a large first-floor break room, and existing clinic and dental spaces (occupied since 2008 and 2017 respectively, with multiple improvements in 2017/18) are key features. While a small area of the offices is sprinklered, the majority of the building is not. The property also benefits from ADT security. This versatile property presents a unique opportunity for a variety of businesses seeking a well-maintained and strategically located facility in Waukesha County.

• Alternative Use

  Use

  Valuation

  Residential

  $20,436,122

  Hospitality

  $18,719,378

  Educational

  $15,574,302

  Medical

  $16,109,926

  Retail

  $24,226,692

Location Insight

City

Oconomowoc

County

Waukesha

State

Wisconsin

Latitude

43.1051

Longitude

-88.4835

CBSA code

33340

CBSA name

MILWAUKEE-WAUKESHA-WEST ALLIS, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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