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Listed by Rodolfo Garcia-Garcia RE/MAX Service First
$625,000
Est. payment /mo
7,786 SqFt
Active
Milwaukee, 53219
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Key Details
Property Type Commercial
Sub Type Commercial/Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 7,786 sqft
Price per Sqft $80
MLS Listing ID 1949575
Acres 0.18
Property Sub-Type Commercial/Industrial
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
County Milwaukee
Direction See GPS
Rooms
Basement Block
Interior
Inclusions None
Exterior
Roof Type Tar/Gravel
Total Parking Spaces 7
Exclusions Sellers and tenants personal property
Building
Building Description Brick, Rest Rooms,Office(s)
Sewer Municipal Sewer
Structure Type Brick
Others
Tax ID 5130102000
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