South Milwaukee, WI 53172,1234 Milwaukee Ave
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South Milwaukee, WI 53172,1234 Milwaukee Ave
South Milwaukee, WI 53172,1234 Milwaukee Ave
South Milwaukee, WI 53172,1234 Milwaukee Ave
South Milwaukee, WI 53172,1234 Milwaukee Ave
Listed by Hometowne Realty LLC
Bought with Compass RE WI-Tosa

$280,000

Est. payment /mo

$299,900

6.6%
Est.Price: ?

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1234 Milwaukee Ave South Milwaukee, WI 53172

3,680 SqFt

SOLD DATE : 08/23/2024

Key Details

Sold Price $280,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 3,680 sqft

Price per Sqft $76

MLS Listing ID 1857969

Sold Date 08/23/24

Year Built 1925

Annual Tax Amount $5,487

Tax Year 2022

Lot Size 3,920 Sqft

Acres 0.09

Property Description

Prime business location in the heart of downtown South Milwaukee with instant revenue from the two 1-bedroom apartments (1,440 sq ft combined) located in the upper level! North unit tenant lease ending on 8/31/24. South unit tenant signed a 1 year lease through 9/30/2024 ($790/mo). Spacious commercial unit (2,240 sq ft) in the lower level with large windows promoting foot traffic and a DOT traffic count of 6,207 vehicles per day. 2 car garage attached to commercial space. The full basement offers separate mechanicals for each unit as well as storage lockers. BONUS: huge roof top patio with separate entrance that could be utilized by all tenants! City of South Milwaukee offering grant for new businesses - see attachment in document tab for details.

Location

State WI

County Milwaukee

Zoning C3

Rooms

Basement Full

Interior

Heating Hot Water/Steam, Natural Gas, Other

Cooling Hot Water/Steam, Natural Gas, Other

Flooring No

Exterior

Exterior Feature Brick, Partial-Aluminum

Garage Spaces 2.0

Roof Type Rubber,Tar/Gravel

Building

Water Municipal Sewer, Municipal Water

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Metro MLS IDX  (Broker Only)
agent
Abundance Real Estate

Broker | License ID: 58207-90

+1(262) 864-1125 | info@abundance-re.com

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