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Key Details
Sold Price $540,000
Property Type Commercial
Sub Type Office(s)
Listing Status Sold
Purchase Type For Sale
Square Footage 7,786 sqft
Price per Sqft $69
MLS Listing ID 1949575
Sold Date 03/31/26
Year Built 1961
Annual Tax Amount $8,230
Tax Year 2024
Lot Size 7,840 Sqft
Acres 0.18
Property Sub-Type Office(s)
Property Description
Well-maintained 12-unit brick and block office building in a prime Milwaukee location, directly across from Serb Hall and positioned between the White Manor and Lyons Park neighborhoods. This income-producing property generates $5,600 per month with nine tenants in place, offering full and strong occupancy and stability. Most tenants are on month-to-month leases, creating immediate upside through future rent adjustments.The building features individually metered circuit breakers, a 4-year-old boiler, approximately 10-year-old water heater, sump pump, and seven surface parking spaces for tenants and visitors. Solid construction, consistent cash flow, and value-add potential make this an excellent opportunity for investors seeking a stable commercial asset with room to grow.
Location
State WI
County Milwaukee
Zoning NS2
Rooms
Basement Block
Interior
Heating Natural Gas
Cooling Hot Water/Steam
Exterior
Exterior Feature Brick, Brick/Stone
Garage Spaces 7.0
Parking On Site 7
Roof Type Tar/Gravel
Building
Story 2
Sewer Municipal Sewer, Municipal Water
New Construction N
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