2925 Welsby AveStevens Point, WI 54481

Property Details for 2925 Welsby Ave

Lot size

3.39 AC

Property type

Other commercial real estate

APN

281-23-0804201901

APU

281230804201901

Description

This exceptional Stevens Point, Wisconsin industrial property, located at 2925 Welsby Avenue, offers 28,500 square feet of versatile space ideal for manufacturing, warehousing, or distribution. The single-story, Class B building, constructed in 1977, sits on a 3,394 square foot lot and is zoned for industrial use (APN: 230804201901). The entire space is currently vacant and available for lease, with a minimum divisible unit of 10,000 square feet. Features include a 10-foot ceiling height (rising to 18 feet at the center), 3-phase 200 AMP power, and a wet sprinkler system. The property benefits from four shared semi-trailer loading docks and two ground-level garage doors, along with ample additional semi-trailer parking. A secure perimeter is provided by a cyclone fence. Included in the modified gross lease are heating (maintained at 45 degrees), real estate taxes, insurance, and common area maintenance (CAM) costs, including snow removal. Tenant responsibilities include electricity and janitorial services. Approximately 500 square feet of office/breakroom space with a restroom is also available. Lease terms are 3 to 5 years with options, and rent increases by 3% annually after the first year. The asking rent is $6.00 per square foot annually, totaling $171,000.00 per year or $14,250.00 per month. Contact us today to learn more about this outstanding opportunity.

• Alternative Use

  Use

  Valuation

  Residential

  $30,555,288

  Hospitality

  $27,988,480

  Educational

  $23,286,086

  Medical

  $24,086,932

  Retail

  $36,222,800

Location Insight

City

Stevens Point

County

Portage

State

Wisconsin

Latitude

44.5077

Longitude

-89.5612

CBSA code

44620

CBSA name

STEVENS POINT, WI MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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