1234 Milwaukee Ave South Milwaukee, WI $ 299,900
1234 Milwaukee Ave
$ 299,900
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1234 Milwaukee Ave

South Milwaukee, WI, 53172
$ 299,900
Baths0.0 Sq 3,680

Monthly Estimate*

$ 1,993

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Studio

Commercial Property for sale in South Milwaukee, WI

for $299,900. This 3,680 square foot building was built in 1925 on a lot size of 0.09.

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 on MTM lease ($760/mo). 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.

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Commercial Contingent

Price

$ 299,900

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,487

Style

Retail

Lot Size

0.09

Year Built

1925

Town/City

South Milwaukee

County/Region

Milwaukee

MLS | Web ID

1857969

Features
General
Road Frontage High Visibility Near Public Transit Paved Lot Paved Road Town/City Road
Parking 2.00
Zoning C3
Year Built 1925
County Milwaukee
Miscellaneous Display Window Inside Storage Living Space Avail. Rest Rooms
Property Type G
Location Business District Corner Free Standing Near Public Transit
Municipality City
Tax Year 2022
Contingent With Offer
Directions Rawson to 15th Ave South to Milwaukee Ave East to property located on North side of street
City South Milwaukee
Taxes 5487.04
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Interior
Basement Full
Heating/Cooling Hot Water/Steam Natural Gas Other
Stories 2
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Exterior
Exterior Brick Partial-Aluminum
Roofing Rubber Tar/Gravel
Flood Plan No
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* Excluded Features
List By
Hometowne Realty Llc

Broker

damatokati@gmail.com

Email

Affordability Calculator

$2,450
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,993
Monthly Property Taxes
$457
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1159182 Elementary School
1159119 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/17/2023$299,900 Listed Price

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1234 Milwaukee Ave, South Milwaukee, WI, 53172 is a Commercial Property for sale at $299,900 with 3,680 sqft and a lot size of 0.09. 1234 Milwaukee Ave is a studio with 0.0 baths and was built in 1925. The property's zip code is 53172 which is in South Milwaukee, WI