5011 W Fond Du Lac AVE, Milwaukee, WI 53216 (MLS # 1631071)

Price $849,000
Status Active
Size n/a
Lot Size 17,860 sqft
Hard to find Investor's dream income property showing consistently 9 or higher cap rate,located in the One of the busiest and most desirable business corridor in the north side of Milwaukee only become available due to owner's retirement.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,almost guarantee full occupancy at any given time.Current owner owned this building for 15 years and never had a vacancy more than a month.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),Smokeshop(NEW),HURRY
Property Type(s): Commercial
Last Updated 5/15/2019 Year Built 1946
County Milwaukee

Price History

Prior to May 15, '19 $950,000
May 15, '19 - Today $849,000

Additional Details

AIR Central Air, Forced Air, Natural Gas
BASEMENT Block, Full, Yes
EXTERIOR Business District, Corner, Free Standing, Near Public Transit, Shopping Center
INTERIOR Miscellaneous: Display Window, Rest Rooms
LOT 0.41 acre(s)
SEWER Municipal Sewer,Sewer
STYLE Commercial/Industrial
TAXES 11400.00
WATER Municipal Water
ZONING LB2 Commercial
Listed with RE/MAX Lakeside-27th
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