Listed by CBRE - Madison
$700,000
Laboratory/R&D Facility | Office Area with Industrial Space
Details
Property Type Industrial, Office
Sub Type Warehouse, R&D
Square Footage 28,600
Price per SqFt $24
Broker Co-Op Yes
Stories 1
Acreage 45.000
Ground Lease No
Loading Docks 2
Ownership Receivership
Sale Condition Distressed
Office/Industrial Building | Former Lab/R&D Facility
Investment highlights
Great opportunity to purchase this former R&D Laboratory and technical testing facility below assessed value and replacement costs.
The front portion of the building is comprised of two-levels with several offices and lab testing rooms complete with lab benches and protection hoods. The back portion of the facility has a large shop area and industrial warehouse spaces suitable for light manufacturing. At the back of the building you’ll find the shipping and receiving docks. There is ample turning radius for delivery vehicles. and a more than adequate amount of parking stalls.
Court ordered sale. All offers are subject to court approval. Contact Broker for a copy of the Receivers Addendum.
Listing Contacts
Listed by CBRE - Madison
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