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1741 Adel St

38,540 SF Industrial Building Janesville, WI 53546 $1,700,000 ($44/SF)

Investment Highlights

  • Close proximity to Highway 90 in an industrial district.
  • Turn key operation ready to for the next commercial or industrial tenant.
  • Located on the corner of Adel and Conde Street.
  • Two loading docks, paved parking for 147 vehicles, new roof in spring of 2024, 100% heated and cooled.

Executive Summary

This well-maintained industrial property is conveniently located just a few miles from interstate I-90 in an industrial district. This building has everything you need to run your business including multiple offices, conference rooms, a banquet hall, kitchen, washrooms, and plenty of storage. The unfinished production area features over 16,000 square feet of open space along with a maintenance shop. In addition, this site has a detached annex building and garage. Brand new roof was installed Spring 2024. Property Highlights include: paved parking for 147 vehicles, fenced in brick patio area, 3,200 square feet detached annex building, 576 square feet detached garage, two loading docks, 100% heated and cooled. Property is located in TIF district.

Attachments

12/18 update

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,700,000
Price Per SF $44
Sale Type Owner User
Property Type Industrial
Property Subtype
Distribution
  • Industrial Service
Building Class B
Lot Size 7.41 AC
Rentable Building Area 38,540 SF
No. Stories 1
Year Built 1970
Tenancy Single
Parking Ratio 3.81/1,000 SF
Clear Ceiling Height 13 FT
No. Dock-High Doors/Loading 2
Opportunity Zone Yes

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Chicago
2,705,994
107
2 h 3 m
Indianapolis
867,125
285
5 h 32 m
Detroit
672,662
387
7 h 14 m
Louisville
620,118
409
7 h 51 m
Columbus
892,533
423
8 h 49 m
Nashville
669,053
578
10 h 26 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
118,761
Total Labor Force
62,864
Unemployment Rate
3.11%
Median Household Income
$67,667
Warehouse Employees
16,636
High School Education Or Higher
92.70%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
041-2200079
Land Assessment
$2,700 (2023)
Improvements Assessment
$27,000 (2023)
Total Assessment
$29,700 (2023)

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
  • Listing ID: 30975166

  • Date on Market: 2/16/2024

  • Last Updated:

  • Address: 1741 Adel St, Janesville, WI 53546

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