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Listed by Nicholas Wilson • Applegate Inc
$2,100,000
Est. payment /mo
6.39 Acres Lot
New
671 Grupe Street Roberts, WI 54023
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Municipality ROBERTS
Subdivision Village/Roberts
MLS Listing ID 7099862
Year Built 2006
Annual Tax Amount $29,621
Tax Year 2026
Lot Size 6.390 Acres
Acres 6.393
Property Description
You do not want to miss this exceptional investment opportunity in the Roberts, WI Industrial Park. This fully leased light industrial property features 26,240 SF plus 1,800 SF of mezzanine office space and is occupied by two established tenants with written leases and scheduled annual rental increases. Built in 2006 and situated on an oversized 6.4-acre lot, the building is separately metered, with tenants responsible for their own utilities and snow plow services. Each suite offers approximately 2,100 SF of office space and 11,000 SF of warehouse/manufacturing space. Features include multiple 14' high overhead drive-in doors, 15.5' clear warehouse height, boiler heat in production areas, and forced-air heating with central A/C in office spaces. Recent improvements include a newer parking lot, updated awnings, and replaced furnaces and A/C units. Three-phase power is available nearby. Landlord expenses are limited to property taxes, insurance, lawn care, and miscellaneous maintenance. Offered at a 7.3% CAP rate in the growing St. Croix County market.
Location
State WI
County Saint Croix
Zoning Business/Commercial,Industrial
Rooms
Basement None
Interior
Heating Natural Gas
Cooling Central Air, Boiler, Forced Air, In-floor
Exterior
Exterior Feature Steel
Garage Spaces 9.0
Parking On Site 70
Roof Type Metal
Building
Dwelling Type 1 Story
Sewer Municipal Water, Municipal Sewer
New Construction N
Schools
School District Saint Croix Central
Others
Acceptable Financing Assumable, Other
Listing Terms Assumable, Other
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