$675,000
5011 W Fond Du Lac Ave,
Milwaukee WI, 53216
Description
Hard to find Investor's dream income property showing consistently 9 or higher cap rate,located in one of the busiest and most desirable business corridor in the north side of Milwaukee only become available due to owner's retirement consideration. Over 13,000 sf of highly visible corner building consist of fully occupied 6 separate business rental units next to public bus stop close to busiest shopping center in the most desirable retail business location in the north side of milwaukee,Current tenants consist of Nailshop(over 20 years),Furniture store(over 10 years),Used appliance(over 6 years),Goldshop(over 10 years),Beauty salon(6 month),Clothing shop w/ silk screen paint T shirts(NEW),Please DO NOT bother any tenants over this sale.
Details
| MLS# | 1726244 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 26 |
Features
| SQ Feet | 13,544 |
|---|---|
| Story(s) | 1 |
| Zoning | LB2 Commercial |
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| Area Information | |
|---|---|
| State | WI |
| County | Milwaukee |
| City | Milwaukee |
| Zip Code | 53216 |
| Area | Milwaukee |
| Listing VS Median (in 53216) | |
Price: $675,000 low | high Med: $143,000 SqFt: 13,544 low | high Med: 1,065 $ / SqFt: $50 low | high Med: $134 On Site: 26 low | high Med: 12 Sourced by Back At You | |
Nearby Listings (Within 1/4 mile)
Price: $0 - $0
SqFt: 10,000 - 16,500
Listing Updated: March 1, 2021 8:07:03 PM PST
MLS Number: 1726244Listing Provided By:
Yoon Soo Kim of RE MAX Lakeside-27th