824 Delavan DrJanesville, WI 53546

Property Details for 824 Delavan Dr

Year built

1967

Lot size

1.13 AC

Property size (Sq ft)

3,276 SF

Zone code

M2

Property type

Other commercial real estate

APN

401100402

APU

401100402

Description

This multi-tenant Janesville, Wisconsin warehouse presents a compelling investment opportunity. Located at 824 W Delavan Dr, 53546, this property offers 12,492 square feet of space, currently at 40% occupancy, generating a net operating income (NOI) of $85,800. The building features 14-foot ceilings, four loading docks, and sits on a 1.13-acre lot zoned M-2 General Industrial, allowing for a variety of uses. The existing structure includes refrigerated/cold storage space, ideal for redevelopment or continued operation as a distribution center. Outdoor storage is permitted. This property is situated within an Opportunity Zone, offering potential tax advantages. The asking price is $899,000. The property's versatile zoning and existing infrastructure make it an attractive prospect for investors seeking strong returns or owner-users looking to expand their operations. The building's metal construction ensures durability and low maintenance. This is a rare chance to acquire a well-located industrial property with significant upside potential in a thriving market.

Location Insight

City

Janesville

County

Rock

State

Wisconsin

Latitude

42.6675

Longitude

-89.0293

CBSA code

27500

CBSA name

JANESVILLE, WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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