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2834 W Atkinson Ave 7,450 SF 100% Leased Retail Building Milwaukee, WI 53209 $625,000 ($83.89/SF)
Investment Highlights
- On bus line
- Store front
- Long term tenants
Executive Summary
This well-maintained mixed-use investment property—located at 2834 W Atkinson Ave, Milwaukee, WI, with an alternate address of 4476 N 29th St—offers a strong income-producing opportunity at the northeast corner of N 29th St and W Atkinson Ave. The building includes seven occupied one-bedroom apartment units, one vacant unit, and a long-term storefront tenant with an extended lease, delivering diversified and stable tenancy. Recent capital improvements include a new roof in 2023 and apartment renovations in 2022 such as updated flooring, windows, and cabinets. Each residential unit is separately metered for gas and electric and features individual furnaces and water heaters, while the basement provides hookups for coin-operated laundry equipment. Constructed of durable brick and professionally managed, the property sits on a 0.1-acre parcel and operates within LB-2 zoning.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,450 SF
Building Class
C
Year Built/Renovated
1929/2008
Price
$625,000
Price Per SF
$83.89
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.55
Lot Size
0.11 AC
Zoning
LB2
Amenities
- Bus Line
- Security System
- Storage Space
Property Taxes
| Parcel Number | 230-0688-000-2 | Improvements Assessment | $309,800 |
| Land Assessment | $3,000 | Total Assessment | $312,800 |
Property Taxes
Parcel Number
230-0688-000-2
Land Assessment
$3,000
Improvements Assessment
$309,800
Total Assessment
$312,800
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2834 W Atkinson Ave
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