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Key Details
Sold Price $195,000
Property Type Commercial
Sub Type Retail,Other
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $108
MLS Listing ID 1932604
Sold Date 11/25/25
Year Built 1923
Annual Tax Amount $5,343
Tax Year 2024
Lot Size 10,890 Sqft
Acres 0.25
Property Sub-Type Retail,Other
Property Description
Excellent opportunity to own a fully occupied mixed use building in Riverwest. The commercial unit on main level is currently an open space that is outfitted and operating as a gym. The second level of the building consists of two- 2 bedroom apartments Unit #1 has long term tenant of 7+ years paying $750 on MTM lease with water included. Unit #2 is paying $945 on MTM lease with all utilities included. This building would be perfect for the small business owner that has been waiting for a storefront building in Riverwest to own while living in a residential unit or brining in extra income by renting out the residential units. Furnace in commercial area is 2019. Flat rubber roof was recoated in 2021. Commercial financing or cash only. NO conventional, FHA, or VA financing
Location
State WI
County Milwaukee
Zoning LB2
Rooms
Basement Full
Interior
Heating Natural Gas
Cooling Forced Air
Exterior
Exterior Feature Brick, Brick/Stone
Roof Type Rubber/Membrane
Building
Story 2
Sewer Municipal Sewer, Municipal Water
New Construction N
Others
Acceptable Financing Lease back
Listing Terms Lease back
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Bought with Riverwest Realty Milwaukee
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