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Listed by Nicholas Marlis • Keller Williams Realty-Lake Country
$ 309,900
Est. payment | /mo
5,208 SqFt
$ 309,900
Est. payment | /mo
5,208 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,208 sqft
Price per Sqft $59
MLS Listing ID 1959769
Year Built 1954
Annual Tax Amount $6,314
Tax Year 2025
Lot Size 5,227 Sqft
Acres 0.12
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
Rooms
Basement Block, Full, Walk Out/Outer Door
Interior
Heating Forced Air, Hot Water/Steam, Natural Gas
Cooling Forced Air, Hot Water/Steam, Natural Gas
Flooring No
Exterior
Exterior Feature Brick
Garage Spaces 8.0
Roof Type Rubber
Building
Water Municipal Sewer, Municipal Water
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