$575,000
$675,000
14.8%For more information regarding the value of a property, please contact us for a free consultation.
5011 W Fond Du Lac AVENUE Milwaukee, WI 53216
13,544 SqFt
Key Details
Sold Price $575,000
Property Type Commercial
Sub Type Office(s),Service,Recreation/Health Club,Retail,Special Purpose,Other,Salon/Barber Shop
Listing Status Sold
Purchase Type For Sale
Square Footage 13,544 sqft
Price per Sqft $42
MLS Listing ID 1726244
Sold Date 04/09/21
Year Built 1946
Annual Tax Amount $10,357
Tax Year 2020
Lot Size 0.410 Acres
Acres 0.41
Property Sub-Type Office(s),Service,Recreation/Health Club,Retail,Special Purpose,Other,Salon/Barber Shop
Property 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.
Location
State WI
County Milwaukee
Zoning LB2 Commercial
Rooms
Basement Block, Full
Interior
Heating Natural Gas
Cooling Central Air, Forced Air, Individual Heating Units
Exterior
Exterior Feature Aluminum Trim, Brick, Brick/Stone, Other
Garage Spaces 15.0
Parking On Site 15
Roof Type Rubber/Membrane
Building
Sewer Municipal Sewer, Municipal Water
New Construction N
Others
Special Listing Condition Arms Length
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Copyright 2025 WIREX - All Rights Reserved
Bought with RE/MAX Lakeside-North