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Butternut Business Center 236 S 2nd St 92,545 SF 46% Leased Industrial Building Butternut, WI 54514 $1,084,571 CAD ($11.72 CAD/SF)

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Investment Highlights

Nearly 95,000 SF of Warehousing with renovated office space offered at approximately $10.70/SF.
Excellent owner/user property or investment Seller to leaseback 25,000 SF at $2/SF for up to 4 years.

Recent upgrades include new LED lighting, upgraded electrical, new roofing, new sprinkler system and new heating.
18 foot clear height, 3 drive in doors, 1 dock high door, 3.5 acres of parking lot

Executive Summary

Discover the exceptional opportunity at 236 S 2nd St, Butternut, WI—a versatile industrial property that seamlessly blends functionality with modern amenities. Spanning approximately 92,545 square feet, this facility has been meticulously upgraded to meet contemporary business needs. Recent renovations include new LED lighting, upgraded electrical systems, new roofing, a state-of-the-art sprinkler system, and enhanced heating, ensuring a safe and efficient working environment. Strategically located along Wisconsin Highway 13, this property offers excellent connectivity for logistics and distribution. The 18-foot clear height, three drive-in doors, and one dock-high door provide ample flexibility for various industrial operations. Additionally, the property boasts a generous 3.5-acre parking lot, accommodating both employees and large vehicles with ease. The thriving business community in Butternut, coupled with the town’s supportive local business alliance, creates a conducive environment for growth and collaboration. Nearby, the natural beauty of Butternut Lake and the North Fork of the Flambeau River offers recreational opportunities, enhancing the quality of life for employees and attracting potential clients. For those considering long-term investment, the seller leaseback option provides a stable income stream, with the seller leasing back 25,000 square feet at $2.00 per square foot for up to four years. This property is not only a practical choice for industrial use but also a sound investment in a community poised for economic growth.

Property Facts

Price	$1,084,571 CAD	Rentable Building Area	92,545 SF
Price Per SF	$11.72 CAD	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1971
Property Type	Industrial	Parking Ratio	0.54/1,000 SF
Property Subtype	Distribution	Clear Ceiling Height	18’
Building Class	B	No. Dock-High Doors/Loading	2
Lot Size	86.50 AC	No. Drive In / Grade-Level Doors	3
Zoning	CM - Commercial Manufacturing

Price	$1,084,571 CAD
Price Per SF	$11.72 CAD
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Distribution
Building Class	B
Lot Size	86.50 AC
Rentable Building Area	92,545 SF
No. Stories	1
Year Built	1971
Parking Ratio	0.54/1,000 SF
Clear Ceiling Height	18’
No. Dock-High Doors/Loading	2
No. Drive In / Grade-Level Doors	3
Zoning	CM - Commercial Manufacturing