Price Upon Req.86,664 SF
Property tours will be available on October 19th and 20th, and October 26th and 27th by appointment only. Please contact the listing broker to RSVP and schedule a property tour.Auction.com and HFF present the opportunity to acquire Broadway Central (the "Property"), an 86,664 SF mixed use office and retail center located at 241 North Broadway adjacent to the downtown core of Milwaukee, Wisconsin. Originally built in 1895, but most recently upgraded in 2002, the Property rests on .45 acres and consists of a 6-story building with street level retail on the first floor and office above. As of July 31, 2015, the Property was 68% occupied which is well below the overall submarket offering potential investors immediate value-add though lease up of the vacant space. The Property is a multi-tenant building boasting 13 tenants with varying lease expirations limiting a potential investors tenant rollover risk. The Property also offers tenants great logistics sitting just blocks from downtown the Milwaukee core with excellent access to major thoroughfares, including I-794, I-43, and I-94.
It' s taken years to assemble, renovate and lease up this 52 property portfolio. It now could be yours due to an out of state relocation. The hard work has been done. Now it' s time for a buyer to enjoy the fruits of all this labor. Click the link above to view the complete marketing package with rent rolls, renovation details and pictures of each property. This portfolio is eligible for a 1031 Exchange.
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.
View the Confidential Marketing Package by clicking the link above.
Great opportunity to showcase your culinary skills! Situated on 2.85 acres, this 16,804 sf (per assessor) former steak restaurant is in an ideal, high traffic area close to the airport. Offering great income potential from restaurant as well as a 3 bedroom, 2 bath apartment on the second level. Features include 7 baths, 2 main bars, 2 dining halls, 1 with a stone fireplace, 2 walk-in freezers, 3 walk-in coolers and building is handicap accessible. Bonus lower banquet center for private parties. Asphalt parking spaces for 197. Now is the time to live your dream. Own your own restaurant and banquet facility today! List Price is $1,350,000 with an opening bid of $895,000. Property may be sold any time prior to event. For all showings and questions call . Buyer' s Fee equal to 2% or $2,000, whichever is greater, 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. See Bidder' s Packet on for additional disclosures and details. Auctioneer Firm: LLC #432-53. Auctioneer: Wade Micoley #2647-052. Broker: Jeffrey Benson #18508-90.
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.
Brick 4 family with 4 car garage. Rents are all at $650/month per seller. Newer electric services. All 2 bedroom units. Tiled bathrooms. Kitchen appliances included. Aluminum soffit & Fascia. Sleeve AC units. Storage areas & laundry hookups in the basement (gas or 220V) for each dryer hookup. Outside basement stairs also so washers, dryers and other bigger objects can easily be taken to the basement. Glass front entry door gets locked in the evening. Nice property. Sump pump/down spouts go to storm sewer
Former Italian restaurant/cocktail lounge with high visibility located only minutes from Mitchell Airport. Built in 1956 property offers a covered entryway, 3,060 square feet and includes a paved lot offering parking for up to 12 vehicles. Building up-dates include a newer furnace, windows, doors and gutters. List Price is $239,900 with an opening bid of $165,000. Property may be sold any time prior to event. 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. See Bidder' s Packet on for additional disclosures and details. Auctioneer Firm: Micoley LLC #432-53. Auctioneer: Wade Micoley #2647-052. Broker: Gary Gerhardt #1419-90.
Great potential! This 1.5 story duplex flat features a total of 5 bedrooms and 2 baths. First floor has 3 bedrooms, bath, kitchen, living room and a formal dining room. Upper level has 2 bedrooms, and a den. Home is in need of some TLC and updates, but would be a good addition to investor's rental portfolio. Property also features a 22x22 detached garage. Selling way below appraised value! 1st fl - 1,056 sf, 2nd fl - 792 sf Total square foot 1,848 (per Assessor) LIST PRICE IS $49,900 WITH AN OPENING BID OF $40,000 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. Auctioneer Firm: Micoley LLC #432-53. Auctioneer: Katrina McDermid #2552-052. Broker Firm: WM Enterprises, Inc #835181-91. Broker: Wade Micoley #43427-90.
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