Price Upon Req.61,658 SF
Property showings will be offered on Thursday, January 8th and Thursday, January 15th between 10:00 AM to 1:00 PM local time. Please contact the listing broker to RSVP.Auction.com and Colliers International are pleased to present the opportunity to acquire a two-story garden-style multi-family property with 94 units, situated on 1.94 acres in the Riverwest neighborhood of Milwaukee. Unit mix includes 88, one-bedroom units and 6, two-bedroom units. The property was constructed in 1959, and has a gross area of 61,658 SF. The subject property is surrounded by residential properties and a municipal park, Kern Park, just south of the site. The Milwaukee Metropolitan area is possessed of a strong industrial economy with a stable population. The property is conveniently located a short drive from Interstate 43.
Extensive repairs have been done to the property over the last 2 years including a NEW ROOF with a guarantee until 2018! Property was bought with the intention to repair and hold onto the property for 5-10 years. However, a life event has caused one of the owners the need to cash out in the coming months. The property appraised last year at $340,000 by a certified commercial appraiser With the recent market uptick in real estate, you will be buying this at appraised value or with built in equity. Take advantage of this while you can! Commercial store front on the bottom with a lease that expires in 2021. 4 year cash flow history with net income of $29,276.50 and $37,807 in 2 of the years (when repairs were not being done) shown on tax returns! Over $300,000 in renovations done in 2008, verified by an appraiser. Property management company in place. Most of the units have new doors, paint, windows and carpeting. Local Bank ready to loan on the property to a qualified buyer. Seller financing available with enough money down on a 3 year balloon.
Pending for commercial zoning. One single family home on property. Will sell as is. Connected to commercial zoned properties. Perfect for brand new construction or expansion of commercial properties
Former Italian restaurant/cocktail lounge with high visibility located only minutes from Mitchell Airport. Property has a covered entryway, offers various seating options for all types of diners (booths, tables, bar seating, etc) and includes a paved lot offering parking for up to 12 vehicles. List Price is $275,000 with an opening bid of $199,000. Property may be sold any time prior to event. For all showings and questions call . Buyer' s Fee equal to 2% of the purchase price or $2,000, whichever is greater, to be added to high bid/offer to determine final sale price. Offers are subject to Seller' s approval. Property is being sold as-is, where-is.
Commercial development opportunity located just west of the Marquette University Campus. For sale or build-to-suit. This high traffic location on W. Wisconsin Avenue offers access to Marquette' s 11,700 students, and is a strong location for a mixed-use development. Site features include: - Adjacency with the Marquette University Campus - Eligible for New Markets Tax Credits - One block from public transportation and the Marquette Loop - 18,200 aadt on Wisconsin Avenue
Perfect site for healthcare, multifamily, office. Milwaukee River frontage. Very close proximity to I-43.
We are pleased to exclusively market for sale a strip center fully leased to three national tenants located in Milwaukee approximately five miles southwest of downtown. The recently developed Shops at Willow Creek Crossing was constructed in 2012 along a primary north-south thoroughfare within a dominant retail corridor. The center is leased to Mattress Firm, T-Mobile, and Great Clips with over 85% of the income coming from corporately guaranteed tenants. The Mattress Firm is corporately guaranteed by a publicly traded company (NASDAQ: MFRM) and the T-Mobile is guaranteed by a subsidiary of T-Mobile with annual revenue in excess of $3.5 billion. All of the leases feature rental escalations in both the primary term and in the renewal option periods.
This property was re-developed in 2009. Everything entire building is new except for the frame. There is the ability to add another 10,000 sq. ft. building on the property.
M-1 zoning. Approximately 3,500 sq. ft. office space with 31,000+manufacturing/warehouse space. 3 drive in doors and 3 loading docks. Heavy power, sprinklered, high efficiency lighting, air lines, air makeup system. 2 fenced in parking lots. 14' - 17' ceiling height.