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Carol Euringer
Mobile: (414) 840-2108
Direct: 262-337-9231
Email: [email protected]
Web: CarolEuringer.FirstWeber.com
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1334 Milwaukee Ave, South Milwaukee, WI 53172-1904
$299,900
 
PROPERTY INFORMATION:
Type Comm:  Office(s), Other, Professional Service, Retail
Type Industrial:  
Type Business:  
Location:  Business District, Corner, Free Standing, Near Public Transit
Industrial Park Name:  
Est Lot Size:  
County:  Milwaukee
Taxing Municipality:  City of South Milwaukee
 
FINANCIAL INFORMATION:
Taxes:  $5,120/2019
Tax Key#:  7700249000
Est Year Built:   1968 per Public Records
Zoning:  C3
 
PROPERTY FEATURES:
Total Est Sq Ft:   3968 per Public Records
Lot Description:  
Basement:  None
Parking:  5
Name of Business:  
Year Established:  
Occupied:  N
# of Stories:  2
Proximity to Hwy:  3-5 Miles
Road Frontage:  High Visibility, Near Public Transit, Paved Lot, Paved Road, Town/City Road
Terms/Misc:  
Avg Ceiling Height:  8'-10'
Truck Door Height:  No Truck Door
Water/Waste:  Municipal Sewer, Municipal Water
Heat/Cool:  Central Air, Forced Air, Hot Water/Steam, Natural Gas
Exterior:  Aluminum, Brick
Amp Service:  0 Flood Plain:  No
Broker Owned:  N Cat 100:  
Commercial/Industrial MLS# 1706969 Pin# Status: Active
Rare opportunity to own a mixed use property in a great South Milwaukee location. Two upper units feature 2 bed and 1 bath and currently occupied generating $1600 monthly. Zoned C3 commercial lower could be used for business or converted to a residential unit(s). 3 owner building has been meticulously maintained and updated. Other features include-2 half baths on lower level, updated lights and ceiling, updated electrical, landscaping, fence for privacy, rubber roof serviced, all mechanicals evaluated and serviced, unit 1 fully updated. Property could potentially be eligible for a rejuvenation grant from South Milwaukee matching up to $30,000 for qualifying properties (see sight for details https://smwi.org/downtown-revitalization-grant/)
Directions:
Scheduled Gross Income:  $19,600 For Sale/Lease:  Sale Only
Vacancy Allowance:   0% Lease Amount:   $0
Gross Operating Income:  $0 Average Rent/Sq Ft:  $10
Net Operating Income:  $ Lease Expiration:  
Total Operating Expenses:  $2,560 Security Deposit:  $0
Miscellaneous: Inside Storage, Living Space Avail.
Expenses Include: Property Insurance, Property Management, Utilities
Licenses:
Sale Includes: Real Estate, Rental Units
Terms/Misc:  
Documents on File: Leases, Listing Contract, Seller Condition
Listed By:  Keller Williams Realty-Milwaukee Southwest
 
Copyright 2015 MetroMLS - All Rights Reserved - The information shown on this sheet is believed to be accurate and reliable but is not guaranteed and is subject to corrections Tue, Oct 20, '20