About 7251 W North Ave
9.51 % Cap rate! 3820 sq ft freestanding multi-tenant office/retail building. Excellent frontage in Tosa's North Ave Business District. Perfect for small businesses seeking affordable office/retail space in this desirable area with a traffic count of 13,200 vehicles per day per WISDOT 8/7/23. Vacancy rates are very low because you don't have to rely on just one tenant! There are 10 office/retail/storage units of various sizes, a shared lobby with a waiting area & 2 convenient bathrooms. Gross rents currently $3,644/month with built-in annual lease increases. Back flat roof just replaced May 2024!
Features of 7251 W North Ave
| MLS® # | 1875357 |
|---|---|
| Price | $320,000 |
| Square Footage | 3,820 |
| Acres | 0.09 |
| Year Built | 1925 |
| Type | Commercial/Industrial |
| Sub-Type | Commercial |
| Status | Active |
Community Information
| Address | 7251 W North Ave |
|---|---|
| City | Wauwatosa |
| County | Milwaukee |
| State | Wisconsin |
| Zip Code | 53213 |
Interior
| # of Stories | 2 |
|---|---|
| Stories | 2 |
Exterior
| Exterior | Partial-Wood, Vinyl |
|---|---|
| Lot Description | 33x120 |
| Roof | Composition, Rubber |
Additional Information
| Zoning | Comm |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| Data Source | MetroMLS |
Listing Details
| Office | First Weber Inc - Delafield |
|---|