Refrigerated/cold storage facility offers both cooler and freezer space and 2 loading docks. Cooler/processing room measures 6,762 SF and is 16' clear with a holding temperature of 35 degrees. There is additional dry/cooler space with 20' clear ceilings and an additional holding freezer (-5 degrees) with 20' clear ceilings measuring 2,083 SF with 224 pallet spaces. In total, the facility can easily handle over 500 pallet positions and has a processing room complete with ample power and floor drains. Interstitial ceiling allows for easy access to fire sprinkler system and light fixture access. The facility is cooled by an ammonia refrigeration system. Building currently leased by Wells Blue Bunny (Ferrero Group) through 12/31/24. Property also offers additional land (1.5 acres) for future expansion, parking, equipment storage, etc. Brrrrr, this makes me cold just typing this.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.