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309 N Chicago Ave

South Milwaukee, WI 53172
  • $499,000
  • STATUS: Active
  • ON SITE: 9 Days
  • ID#: 1835224
UPDATED: 42 min ago
$499,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,560
    SQFT
  • $66
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1952
County:
Area:

School Ratings & Info

Listing provided courtesy of Keller Williams-Mns Wauwatosa: (414) 488-6334.

Description

1st time offered. Your chance to own this amazing stand alone commercial property. Formerly the home to Lancer TV for 28 years this property provides the opportunity for 4 distinct leased spaces all with dedicated bathrooms. Total leaseable sqft is over 7500. Liquor store currently leases 25% of the total sq footage and provides $2362 in monthly gross rent. Tenant has option to renew for 5 years on lease end date of 5/30/24. Single car attached garage for storage or deliveries. Separate heat and AC, parking. Owner occupant or investor, incredible value and earning potential.

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© 2023 MetroMLS - All rights reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MetroMLS or Re/Max Leading Edge, The Fabiano Group. Data last updated: 2023-06-01T09:52:34.09.
www.lisafabianohomes.com/homes/139787321
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309 N Chicago Ave South Milwaukee, WI 53172

  • Price: $499,000
  • Status: Active
  • On Site: 9 Days
  • Updated: 42 min ago
  • ID#: 1835224
0
Beds
0
Baths
0
½ Baths
0.25
Acres
7,560
SQFT
$66
$/SQFT
1952
Built
Neighborhood:
Milwaukee
County:
Milwaukee
Area:
Milwaukee
Property Description
1st time offered. Your chance to own this amazing stand alone commercial property. Formerly the home to Lancer TV for 28 years this property provides the opportunity for 4 distinct leased spaces all with dedicated bathrooms. Total leaseable sqft is over 7500. Liquor store currently leases 25% of the total sq footage and provides $2362 in monthly gross rent. Tenant has option to renew for 5 years on lease end date of 5/30/24. Single car attached garage for storage or deliveries. Separate heat and AC, parking. Owner occupant or investor, incredible value and earning potential.
Exterior Features

Exterior Brick Location Business DistrictCornerFree StandingNear Public TransitOther Parking Spaces 6.00 Proximity To Highway 1-3 Miles Road Frontage High VisibilityNear Public TransitPaved LotPaved RoadState RoadTown/City Road Roofing Rubber Truck Door Height 9'-12'

Interior Features

Average Ceiling Height 8'-10' Basement BlockFull Heating Cooling Central AirForced AirIndiv. Heating UnitsNatural Gas Miscellaneous CarpetingDisplay WindowFixturesHandicap AccessInside StorageRest RoomsRoof SignSecurity EquipmentSecurity Lighting

Property Features

Commercial Type ManufacturingOffice(S)Professional ServiceRetailSpecial PurposeStorageWarehouse Flood Plain No For Sale Or Lease For Sale Only Licenses Liquor Municipality City Sale Includes LeaseReal Estate Source Acreage Public Records Source Sq Ft Public Records Source Year Built Public Records Tax Year 2022 Taxes 6493.00 Type Commercial Type Of Business Beer/LiquorGroceryOther Water Waste Municipal SewerMunicipal Water Zoning C2

© 2023 MetroMLS - All Rights Reserved. Information is supplied by seller and other third parties and has not been verified.


© 2023 MetroMLS - All rights reserved. Information is supplied by seller and other third parties and has not been verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MetroMLS or Re/Max Leading Edge, The Fabiano Group. Data last updated: 2023-06-01T09:52:34.09.
 
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Re/Max Leading Edge, The Fabiano Group
7500 Green Bay Road Suite 202
Kenosha WI, 53142
Listing provided courtesy of Keller Williams-Mns Wauwatosa: (414) 488-6334.