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Key Details
Sold Price $280,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 3,680 sqft
Price per Sqft $76
MLS Listing ID 1857969
Sold Date 08/23/24
Year Built 1925
Annual Tax Amount $5,487
Tax Year 2022
Lot Size 3,920 Sqft
Acres 0.09
Property Sub-Type Retail
Property Description
Prime business location in the heart of downtown South Milwaukee with instant revenue from the two 1-bedroom apartments (1,440 sq ft combined) located in the upper level! North unit tenant lease ending on 8/31/24. South unit tenant signed a 1 year lease through 9/30/2024 ($790/mo). Spacious commercial unit (2,240 sq ft) in the lower level with large windows promoting foot traffic and a DOT traffic count of 6,207 vehicles per day. 2 car garage attached to commercial space. The full basement offers separate mechanicals for each unit as well as storage lockers. BONUS: huge roof top patio with separate entrance that could be utilized by all tenants! City of South Milwaukee offering grant for new businesses - see attachment in document tab for details.
Location
State WI
County Milwaukee
Zoning C3
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Hot Water/Steam, Other
Exterior
Exterior Feature Brick, Brick/Stone, Partial-Aluminum
Garage Spaces 2.0
Parking On Site 2
Roof Type Rubber/Membrane,Tar/Gravel
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Others
Special Listing Condition Arms Length
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Bought with Compass RE WI-Tosa
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