5011 W Fond Du Lac Ave, Milwaukee

$849,000

0 Beds
0 Full Baths
0 Half Baths
13,544 Sqft
.41 Acres

Hard to find Investor's dream income property showing consistently 9 or higher cap rate,located in the One of the busiest and most desirable business corridor in the north side of Milwaukee only become available due to owner's retirement.Over 13,000 sf of highly visible corner building consist of fully occupied 6 separate business rental units next to public bus stop close to busiest shopping center in the most desirable retail business location in the north side of milwaukee,almost guarantee full occupancy at any given time.Current owner owned this building for 15 years and never had a vacancy more than a month.Current tenants consist of Nailshop(over 20 years),Furniture store(over 10 years),Used appliance(over 6 years),Goldshop(over 10 years),Beauty salon(6 month),Smokeshop(NEW),HURRY

Essential Information
MLS® #1631071
Price$849,000
Taxes$11,400
Square Footage13,544
Acres0.41
Year Built1946
TypeCommercial/Industrial
Sub-TypeCommercial
StatusActive
Community Information
Address5011 W Fond Du Lac Ave
CityMilwaukee
CountyMilwaukee
StateWisconsin
Zip Code53216
Amenities
Parking Spaces15
Interior
# of Stories1
Stories1
Exterior
ExteriorOther
RoofRubber
Additional Information
ZoningLB2 Commercial
Listing Details
Listed Courtesy of RE/MAX Lakeside-27th
Property History
Price Reduced from $950,000 to $849,000

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