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1112 S 60th St 3,712 SF Retail Building Milwaukee, WI 53214 $536,250 ($144.46/SF)
Investment Highlights
- Prime location!
Executive Summary
Approximately 3,712 square feet including finished basement. Formerly used as a pottery shop. Ideal for retail, office, light distribution. All new LED lighting, new roof, new stone facade, new glass block windows on side and rear of building. New gutters. New interior and exterior paint, overhead door in rear. Large parking lot has been freshly paved with side driveway.
Property is leased for 3 years to a daycare. 8/1/24-8/1/27. $3k/month for 1st 6 months, $3500/month, months 6-12. $4k/month, year 2. Year 3, $4500/mo.
Property is leased for 3 years to a daycare. 8/1/24-8/1/27. $3k/month for 1st 6 months, $3500/month, months 6-12. $4k/month, year 2. Year 3, $4500/mo.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
3,712 SF
Building Class
C
Year Built
1990
Price
$536,250
Price Per SF
$144.46
Tenancy
Single
Building Height
2 Stories
Building FAR
0.50
Lot Size
0.17 AC
Zoning
C-3 - Commercial
Parking
12 Spaces (3.23 Spaces per 1,000 SF Leased)
Frontage
60’ on 60th St
Amenities
- 24 Hour Access
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 438-0252-000 | Improvements Assessment | $81,300 |
| Land Assessment | $60,000 | Total Assessment | $141,300 |
Property Taxes
Parcel Number
438-0252-000
Land Assessment
$60,000
Improvements Assessment
$81,300
Total Assessment
$141,300
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1112 S 60th St