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Key Details
Sold Price $705,000
Property Type Commercial
Sub Type Office(s),Service,Recreation/Health Club,Special Purpose
Listing Status Sold
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $47
MLS Listing ID 1654976
Sold Date 04/17/20
Year Built 1978
Annual Tax Amount $45,872
Tax Year 2018
Lot Size 0.790 Acres
Acres 0.79
Property Sub-Type Office(s),Service,Recreation/Health Club,Special Purpose
Property Description
Awesome opportunity for a owner occupant( 3 suites combined over 4400SF available for own use) along w excellent rental income(currently @ $7550/m from the rest of the suites w great rental history from solid tenants like AMFM insurance,healthcare providers,construction company ETC) or Investors w a little efforts to fill up the vacancy(2 suites of 2100 sf &1566sf) & lower the property tax to dramatically increase NOI. Huge traffic count w high visibility pylon sign located in busy intersection of 27th & Layton ave near highway is now available at UNBELIEVABLE price of almost 1 million$ under assessment value only due to retiring owners wish for a quick sale. Very well maintained building w recently resurfaced over 50 parking spaces.Separate Elec & Gas meters for each suites.
Location
State WI
County Milwaukee
Zoning C2
Rooms
Basement None / Slab
Interior
Heating Natural Gas
Cooling Central Air, Forced Air
Exterior
Exterior Feature Brick, Brick/Stone, Stucco/Slate, (C) Stucco
Garage Spaces 55.0
Parking On Site 55
Roof Type Rubber/Membrane
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Others
Special Listing Condition Arms Length
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Bought with Milwaukee Executive Realty, LLC
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