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Investment Highlights

  • Two dock doors and three drive-in doors offer flexible loading options for diverse industrial operations.
  • Epoxy coating applied to the warehouse floor in Unit A enhances durability and functionality.
  • Municipal water and sewer service support efficient operations and tenant convenience.
  • Recently updated with a newer roof, upgraded mechanical systems, and modern office finishes.
  • Situated on 1.2 acres with easy access to major bypass routes, ensuring excellent connectivity.
  • Currently occupied by two tenants, providing income stability with below-market rent for Unit B.

Executive Summary

This 14,000-square-foot industrial/flex building is available for sale in Waukesha, Wisconsin, offering a versatile layout well-suited for multi-tenant occupancy. Situated on 1.2 acres with convenient access to the bypass, the property provides a functional blend of warehouse and office space with clear heights ranging from 15 to 17 feet. It features two dock doors and three drive-in doors, ensuring efficient loading capabilities for a range of operational needs. Constructed with durable metal materials and built in 1981, the building has recently received substantial updates including a newer roof, upgraded mechanicals, and refreshed office finishes. Tenants and visitors benefit from five restrooms spread throughout the premises, as well as an epoxy-coated warehouse floor in one of the units, enhancing durability and cleanliness. Currently occupied by two tenants, the property presents a strong investment opportunity with stable income and potential for long-term upside. Zoned I-1 for limited industrial use and supported by municipal water and sewer services, this asset is positioned in a thriving industrial corridor that provides both accessibility and operational efficiency.

Property Facts

Price $1,998,303 CAD
Price Per SF $142.74 CAD
Sale Type Investment
Cap Rate 7.93%
Property Type Industrial
Property Subtype Warehouse
Building Class C
Lot Size 1.20 AC
Rentable Building Area 14,000 SF
No. Stories 1
Year Built 1981
Parking Ratio 1.04/1,000 SF
Clear Ceiling Height 17’
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 3
Zoning I-1 - Light Industrial

Amenities

  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Utilities

  • Water - City
  • Sewer - City
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
WAKT-1354-968-001
Land Assessment
$172,145 CAD
Improvements Assessment
$497,383 CAD
Total Assessment
$669,528 CAD
  • Listing ID: 40566945

  • Date on Market: 2026-05-18

  • Last Updated:

  • Address: W246S3255 Industrial Ln, Waukesha, WI 53189

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