The fully occupied industrial building at 2785 Park Avenue in Beloit, Wisconsin is available as an investment sale from PARADIGM.
Full info sheet HERE.
Property Features:
- Building Size: 27,900 SF
- Land Size: 2.26 Acres
- Total Size Available: 15,000 SF
- Zoning: M-1
- Clear Height: 13′ – 26′
- Overhead Doors: (8) Eight Total
- Lighting: Various, LED in available spaces
- HVAC: Gas modines, forced air in office
- Power: Heavy, 3-phase (TBV)
- Bathrooms: (5) Five
- Monument Sign: Yes
Construction:
- Foundation: Metal with decorative vinyl and masonry façade
- Fenced Yard: Paved with gate
- Roof: White Rubber Membrane
Notes:
- Value-Add Opportunity.
- New Privacy Fencing & paved parking lot to be completed in mid-2025
- The property is situated in Beloit, Wisconsin, a city known for its rich industrial history and diverse economy. Beloit is home to several major corporations, including ABC Supply Co. Inc., a leading wholesale distributor of roofing and exterior building products
- The location offers convenient access to major transportation routes, such as Interstate 39/90, facilitating easy commuting for employees and efficient distribution for businesses. This accessibility can enhance the property’s value and appeal to potential tenants or buyers.
- Beloit is known for its vibrant arts and cultural scene, with attractions like the Beloit International Film Festival and the Wright Museum of Art. These amenities can contribute to the overall quality of life for those working or living in the area.
- The property’s proximity to the scenic Rock River provides opportunities for recreational activities and waterfront views. This natural feature can enhance the property’s appeal and create an attractive environment for businesses or residents.
- Beloit’s strategic location near the Illinois state line offers potential business advantages, including access to a broader market and regional opportunities for growth and expansion. This proximity to a neighboring state can be beneficial for businesses seeking to establish a presence in multiple markets
Financial Summary:
- Price: $1,450,000
- Price PSF: $51.97
- Occupancy: 100%
- CAP Rate (Current): 7.38%
Contact PARADIGM today for more information or to schedule a showing.