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5500 N Lovers Lane Rd

120,842 SF Industrial Building Milwaukee, WI 53225 $6,300,000 ($52/SF)

Executive Summary

Warehouse and Distribution facility with current zoning (IL-1) in place to accommodate many uses. The total rentable square footage is 117,014RSF which consists of the 97,880 RSF Main Distribution/Warehouse/Office Building and the 19,134 RSF Fleet Maintenance Building. The property is 9.74 acres and allows for approximately 5 acres of concrete paving for distribution and trailer storage. The property, 5505 N. Lovers Lane, Milwaukee, WI, is situated between I-41 and I-43, and is just off the W. Silver Spring Drive I-41 exit. Please see the attached flyer for more details and/or contact Matt Apter at mapter@cresa.com.

Property Facts

Price $6,300,000
Price Per SF $52
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Distribution
  • Industrial Manufacturing
  • Industrial Warehouse
Building Class C
Lot Size 9.74 AC
Rentable Building Area 120,842 SF
No. Stories 1
Year Built/Renovated 1963/1992
Tenancy Single
Parking Ratio 1.28/1,000 SF
Clear Ceiling Height 18 FT
No. Dock-High Doors/Loading 6
No. Drive In / Grade-Level Doors 12

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
183-9974-110-2
Land Assessment
$730,500
Improvements Assessment
$2,247,300
Total Assessment
$2,977,800

zoning

Zoning Code IL1 - Light Industrial
IL1 - Light Industrial
  • Listing ID: 31381453

  • Date on Market: 4/1/2024

  • Last Updated:

  • Address: 5500 N Lovers Lane Rd, Milwaukee, WI 53225

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