Bought with Sonya Mays Midwest Executive Realty
For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $240,000
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 5,208 sqft
Price per Sqft $46
MLS Listing ID 1959769
Sold Date 09/30/26
Year Built 1954
Annual Tax Amount $6,314
Tax Year 2025
Acres 0.12
Property Sub-Type Commercial/Industrial
Property Description
Rare office building in a high-traffic district. Zoned LB1, this versatile space suits retail, medical, or studios. The layout offers 15 offices, 2 conference rooms, and a reception area. Perfect for investors; the area's $15/sq ft average rent implies a potential $65,000 annual income and a strong 13 point cap rate. Key updates: boiler (7yr), furnace (3yr), and roof reseal (2yr). Includes a fenced 8-car lot and a lower-level rec room with front access. Billboard signage is approved for extra rental income. Move-in ready and vacant--bring your vision to this flexible space today!
Location
State WI
County Milwaukee
Zoning 7400
Direction Capital Dr to Address
Rooms
Basement Full, Walk Out/Outer Door, Block
Exterior
Roof Type Rubber
Total Parking Spaces 8
Exclusions Seller's personal property
Building
Building Description Brick, Carpeting,Rest Rooms,Rec Facilities
Sewer Municipal Sewer
Water Municipal Water
Structure Type Brick
Others
Tax ID 2640169000
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2026 Multiple Listing Service, Inc. - All Rights Reserved
Nearby Locations