BY OWNER: 5-family building, comprised of: One 3-bdrm 2-bath owner's unit occupying entire 1st floor Two 2-bdrm 1-bath units on 2nd floor Two 1-bdrm 1-bath units in basement
The investment consists of a 6,000 SF, single tenant leased to Concentra Health Services, Inc. The tenant executed a 10 year lease in 2004 which was just extended for an additional five years now expiring 11/30/2019, with one 5 year options to extend. In junction to the lease being extended an extra five years, rent increased $12,000/yr. or 16.66%. The lease is structured as double net whereas the tenant is responsible for all expenses associated with the property - excluding roof and structure. Tenant and Landlord have agreed to split the cost of replacing HVAC. The subject is surrounded by residential properties to the North and an industrial properties to the South. In 2013, the population in a five mile radius of the property is 532,209, within a three mile radius it is 243,655. Traffic counts along 35th street and I-94 are 17,900 vehicles per day and 146,000 vehicles per day respectively.
Price Upon Req.Size Upon Req.
Auction.com and Marcus and Millichap present the opportunity to acquire an 8 story, 101,895 SF office building located in downtown Milwaukee. The IRS anchors the property with 80,498 SF on a soft lease term through 2026. Originally a build-to-suit location for the IRS in 2005, the GSA now leases 78% of the building. In addition, Kaplan University has a retail presence on the first floor with building signage visible to Interstate 794. The property has a prominent downtown location adjacent to Grand Avenue Mall and is within walking distance to downtown dining and shopping. The immediate "Downtown West" Milwaukee submarket consists of dense office, retail, residential and entertainment uses, with a minimal amount of competing Class A office properties. Substantial new residential and retail development has been underway recently as several local and out-of-state investors have placed capital into the submarket. Most notably, a new $1 Billion development is underway which will be anchored by the Milwaukee Bucks' new sports and entertainment arena.
Price Upon Req.23,783 SF
Auction.com presents the opportunity to acquire a 23,783 SF, single story, multi-tenant, retail/flex building located at 7505 West Bradley Road in Milwaukee, WI. The property sits on 1.549 acres, contains a commercial building with gross building area of 24,250 SF (net rentable area of approximately 23,783 SF), and the layout is roughly a U-shape with the parking lot located in the center and a service driveway extending along the east and south elevations. The improvements are made of steel frame construction, constructed in 1979 and expanded in 1980, and can be easily renovated for a wide range of uses from retail to industrial. The in-place tenants occupy 47.3% and have near term expirations or MTM allowing for huge value-add through lease-up. Additionally, this property would be well-suited for an owner-user. The property has 49 parking spaces and ample additional parking available in the service court on the east and south sides of the building.The property is located in the City of Milwaukee within Milwaukee County.
Amazing restaurant available in south central Milwaukee! Located on heavily traveled South 27th Street with access and proximity to Interstate 894/43. Property was built in 1981 but has had many updates giving it a very modern atmosphere. Property includes 1.434 acres on two parcels with two paved parking lots to accommodate about 140 vehicles, 8,000 square feet (per seller) of restaurant space that includes entrance/reception area, open dining areas, a bar, a kitchen, storage areas, and several restrooms. Property also has an unfinished basement for extra storage. Restaurant equipment and fixtures not included in sale. LIST PRICE IS $1,350,000 WITH AN OPENING BID OF $895,000 IF NO OFFERS RECEIVED BEFORE 12/2/15 AUCTION. Buyer Fee of 2% or $2,000, whichever is greater, to be added to high bid to determine final sale price. EM of 5% of high bid/sales price due from high Bidder at time of auction/offer. Offers subject to seller approval. Property sold 'as is, where is'. See Bidder Packet for additional details.
Price Upon Req.15,339 SF
AUCTION! 15,339± SF BUILDING ON 1.45± ACRES & ADJACENT 20± ACRES OF LAND (Includes: Storefront, Offices & Warehouse) Offered In Its Entirety This property can be used as is and offers exceptional expansion possibilities. It's located in a great area with close proximity to a strong retail corridor and adjacent to the fully signalized access to Uihlein Soccer Park and the Milwaukee Kickers (13 outdoor & 3 indoor soccer fields). This custom-built facility includes a showroom, offices and warehouse with a high bay, self-leveling semi-loading dock, heavy-duty commercial floor drain, steel stud walls, extra thick floor slabs & a pitched Spanish tile roof with a potential 50 year lifespan. Building Sizes: Storefront & Office Space 5,726± SF Warehouse & Service Space 9,613± SF Year Built: 1985 Lot Size: 1.45± Acres Zoning: CS (Commercial Service) Adjacent Land Details Lot Size: Two Parcels Totaling 20± Acres Zoning: CS (Commercial Service)
Price Upon Req.2,766 SF
Real Estate Auction 2,766+/- sf Mixed-Use Commercial Milwaukee, WI 4110 W Martin Dr Appealing Tudor style mixed-use commercial building with 2,766+/- sf, vaulted ceilings, hardwood floors, leaded glass windows, wrought iron railings and 2.5 bathrooms. This property has hosted successful coffee shops over the past 13 years and is ideal for professional office, spa, restaurant and retail. Located in Historic Milwaukee in the Martin Drive neighborhood. You can see Miller Ball Park from the front. Property is currently vacant. Roof replaced in 2000. Built in 1927. Approx .16ac lot. Taxes approx $9,773 ('13). Nominal Opening Bid: $50,000 Open to the Public: 11-2 pm Friday, December 11 and 2 hours prior to auction. Auctions: 9am, Fri Dec 18 on site or bid live from anywhere. WI Dean C. Williams RE LIC 53610-090 Monte W. Lowderman AUC LIC 1259-052 Buyer's Fee May Apply.
Stan Johnson Company is pleased to offer for sale to qualified investors, the opportunity to purchase a 100% fee-simple interest in the Walgreens property located at 2826 North Doctor Martin Luther King Drive in Milwaukee, Wisconsin (the Property ). The Property is offered with an in-place loan that needs to be assumed by buyer at closing (please contact agent for details). The Property is located in dense, urban infill Milwaukee, 2.5 miles north of city center and less than one-half mile from ramps to and from Interstate 43 (North-South Freeway). The immediate area has seen substantial investment in recent years, highlighted by King Drive Commons, a $25.3 million community project that brought 24 apartments, 87 homes and 14,000 SF of retail space to the market over the last 10 years. Further, the Property benefits from being the only pharmacy within the area confined by Interstate 43, Wisconsin Highway 57/190 and the Milwaukee River, major boundaries in this section of the Milwaukee market. The location serves a large population base of over 208,000 within 3 miles.
Perfect site for healthcare, multifamily, office. Milwaukee River frontage. Very close proximity to I-43.
24 two bedroom units, a 16 unit building and an 8 unit building with shared parking lot. 8 garages and on-site laundry facilities provide extra income opportunity. New roof in 1998, windows and appliances in 2003 make this complex relatively maintenance free.