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1234 Manitoba Ave 15,000 SF Specialty Building Offered at $1,500,000 in South Milwaukee, WI 53172



Executive Summary
This unique property which combines a fully operational commercial business with attached 3 bedrooms, 2.5 baths, separate entrance residential living quarters - delivering immediate income diversity and outstanding upside potential for a savvy Investor. Includes a separate deeded vacant lot at 1232 Missouri Avenue just 1 block down. Lot size is approx. .25 acres zoned residential. This hybrid property offers immediate cash flow, on-site living, and the included lot eliminates one of the biggest hurdles for commercial users in growing areas. Commercial space: Spacious open warehouse/showroom areas, multiple offices, restroom, dedicated shipping/receiving zone.
The owner of the property has an in place lease active, for both the Condo and Commercial parts of the property, from the date of purchase closing that is for 2 years with a third year option if needed providing immediate cashflow to a prospective buyer.
The owner of the property has an in place lease active, for both the Condo and Commercial parts of the property, from the date of purchase closing that is for 2 years with a third year option if needed providing immediate cashflow to a prospective buyer.
Property Facts
| Price | $1,500,000 | Lot Size | 0.17 AC |
| Price Per SF | $100 | Building Size | 15,000 SF |
| Sale Type | Investment or Owner User | No. Stories | 2 |
| Property Type | Specialty | Year Built | 2008 |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | G2-Commercial - Commercial | ||
| Price | $1,500,000 |
| Price Per SF | $100 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 15,000 SF |
| No. Stories | 2 |
| Year Built | 2008 |
| Opportunity Zone |
Yes |
| Zoning | G2-Commercial - Commercial |
Amenities
- Air Conditioning
1 1
Walk Score®
Very Walkable (76)
Property Taxes
| Parcel Number | 770-0101-000 | Improvements Assessment | $456,700 |
| Land Assessment | $55,400 | Total Assessment | $512,100 |
Property Taxes
Parcel Number
770-0101-000
Land Assessment
$55,400
Improvements Assessment
$456,700
Total Assessment
$512,100
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Presented by
Edge Realty Group
1234 Manitoba Ave
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