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Listed by Nicholas A Marlis Keller Williams Realty-Lake Country
$349,900
Est. payment /mo
5,208 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 5,208 sqft
Price per Sqft $67
MLS Listing ID 1959769
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
Interior
Inclusions NONE
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
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