1414 N Vel R Phillips Ave, Unit 1416 Milwaukee, WI $ 200,000
1414 N Vel R Phillips Ave, Unit 1416
$ 200,000
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1414 N Vel R Phillips Ave, Unit 1416

Milwaukee, WI, 53212
$ 200,000
Bedrooms-- Baths-- Sq 6,853

Monthly Estimate*

$ 1,198

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Commercial Property for sale in Milwaukee, WI

for $200,000. This 6,853 square foot building was built in 1890 on a lot size of 0.27.

MOTIVATED SELLER is offering this DEVELOPMENT OPPORTUNITY in prime location 2 blocks from the hot DEER DISTRICT in Downtown Milwaukee's northern expansion path! This lot is over one-quarter acre (80'x147'=11,760 sq ft) and is only 2 blocks north of Fiserv Forum and 1 block east of the new Milwaukee Public Museum under construction. Vel R. Phillips Ave was formerly N 4th St. The building is abandoned and must be razed. This 0.27 Acre parcel includes the paved area where the overgrown trees are. The building and land are sold in AS-IS condition, and Buyer assumes responsibility for the open 2014 City Raze Order and the open 2012 Wis DNR remediation case - please see details in uploaded documents. Pre-qualified Buyers only. Also listed as MLS 1896744 Vacant Land.

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Commercial Active

Price

$ 200,000

Property Type

Commercial

Taxes

$ 242

Style

Office(s),,Retail,Special Purpose

Lot Size

0.27

Year Built

1890

Town/City

Milwaukee

County/Region

Milwaukee

MLS | Web ID

1882542

Features
General
Road Frontage High Visibility Town/City Road
Parking 10.00
Zoning IL2
Year Built 1890
County Milwaukee
Miscellaneous Other
Property Type G
Unit Number 1416
Location Business District Free Standing Near Public Transit
Municipality City
Tax Year 2023
Directions Two blocks north of Fiserv Forum. This street was formerly known as 4th Street.
City Milwaukee
Taxes 242.00
Terms Owner May Assist
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Interior
Basement Partial
Heating/Cooling None
Stories 2
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Exterior
Exterior Brick
Roofing Rubber
Flood Plan No
Lot Size 80X147=11 760 sq ft
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* Excluded Features
List By
Re/Max Service First

Broker

sgrg@soldwisconsin.com

Email

Affordability Calculator

$1,218
Per Month
98%
2%
0%
Monthly Principal & Interest
$1,198
Monthly Property Taxes
$20
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% 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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Nearby
1159182 Elementary School
1159119 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/21/2024$200,000 -31.03% Price Down
10/8/2024$290,000 -39.58% Price Down
9/9/2024$480,000 -26.15% Price Down
7/9/2024$650,000 Listed Price

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1414 N Vel R Phillips Ave, Unit 1416, Milwaukee, WI, 53212 is a Commercial Property for sale at $200,000 with 6,853 sqft and a lot size of 0.27. 1414 N Vel R Phillips Ave, Unit 1416 was built in 1890. The property's zip code is 53212 which is in Milwaukee, WI