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427 Manitowoc St

7,728 SF Office Building Reedsville, WI 54230 $324,900 ($42.04/SF)

INVESTMENT HIGHLIGHTS

  • excellent condition, flexible layout, extra land for outbuilding, paved parking, barrier free, modern

EXECUTIVE SUMMARY

currently being developed for Data center/ HPC applications. 408A 3ph electrical service for a 1.3MW operation has been contracted. The cooler temperatures of Wisconsin will aid in natural cooling. There is also a natural source of groundwater at 51F for process cooling or LEED certification purposes. Solar panels are also scheduled for a renewable energy adder!. the main building consists of nearly 4000 sq ft per floor. The all-masonry structure aids in cooling and noise absorption. Heat costs will be absorbed by excess process heat
WPS WI electric rate Cg-20RR is as low as .05/kWh .
Main floor office/ flex available for lease as well.
Fiber optic internet at site. facility is sized for up to 90 Bitmain U3S21 EXP Hydro computers in the lower level alone. Since these computers are so quiet, noise is no longer an issue. Photos of data center available to qualified candidates.
Net income projected at over one million USD annually.

#Bitcoin #Bitcoin mining #HPC #Data Center #crypto #Cap Rate #antminer #whatsminer #digital #cash flow #passive income
Cash flow positive with plenty of room for increase!

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

Sale Type
Owner User
Sale Conditions
1031 Exchange
Property Type
Office
Property Subtype
Telecom Hotel/Data Hosting
Building Size
7,728 SF
Building Class
C
Year Built
1971
Price
$324,900
Price Per SF
$42.04
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,864 SF
Building FAR
0.23
Lot Size
0.78 AC
Zoning
Business - General Business

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
036-002-005-010.11
Land Assessment
$13,500 (2023)
Improvements Assessment
$314,800 (2023)
Total Assessment
$328,300 (2023)
  • Listing ID: 31332904

  • Date on Market: 3/26/2024

  • Last Updated:

  • Address: 427 Manitowoc St, Reedsville, WI 54230

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